Grayscale Research says tokenization could reshape global capital markets over the next decade. The firm says securities worth about $300 trillion may move onto blockchain rails. Tokenized assets remain small today. Grayscale estimates the market at about $30 billion, or 0.01% of global stocks and bonds. Grayscale said tokenization turns asset rights into digital tokens on blockchains. These tokens can represent bonds, funds, stocks, credit, commodities, or other assets. The firm said tokenized assets grew 217% year over year. Tokenized U.S. Treasuries lead the market, with about $15 billion onchain. {tweet} ... (full story)