Just saw some interesting data on institutional investors and their plans for tokenized assets. By the end of this year, roughly 65% of them are looking to make allocations in this space. What caught my attention is where they're actually putting their focus—real estate and fixed income dominate their preference list.

Here's the thing though. The demand signal is loud and clear. Institutional investors know what they want. But if you look at the actual infrastructure supporting these tokenized assets, especially in the markets where it matters most, there's a pretty obvious gap. The plumbing isn't there yet.

That's exactly where the real opportunity sits. Building out the infrastructure that connects institutional capital to tokenized real estate and fixed income products. It's not about creating demand—that part's already happening. It's about making sure the pipes can actually handle the flow when these institutional investors are ready to deploy capital.