TOKENIZATION WAS THE EASY PART

Summary from the TLDR Crypto newsletter

Institutional demand for tokenization centers on operational efficiency for familiar assets rather than new asset classes, with clients prioritizing faster settlement, easier venue portability, and collateral utility without forced liquidation. Traditional fund architecture fragments transactions, settlement, and ownership records across separate systems, and moving ownership records onchain consolidates those processes into a single layer. Ethereum Foundation researcher Barnabé Monnot frames this as Ethereum's opening: 100% historical uptime, fast slots and finality arriving via decoupled consensus work, and broad ZK availability replacing multisig trust assumptions together position Ethereum as the global settlement layer.