#RWA代币化 An interesting on-chain signal shift has been observed — traditional financial institutions are actively validating the commercial value of RWA tokenization through practical actions.

CZ's core argument is that tokenization is essentially a matter of financing efficiency: by issuing tokens representing asset value, capital can be raised while retaining physical ownership. This logic has moved from theoretical discussion to serious consideration at the national level.

What is even more noteworthy are the on-the-ground actions — JPMorgan Chase has directly deployed JPM Coin to Base, and financial infrastructure giants like EquiLend, which manages a $40 trillion asset pool, are also investing in Digital Prime to enter the tokenization market. This is not a test; institutions are preparing engineering efforts for large-scale entry.

Key data point: The lendable asset pool behind EquiLend reaches $40 trillion. Once such traditional financial infrastructure completes compliance upgrades and connects to the tokenization ecosystem, on-chain capital could see a qualitative leap. It is important to continue monitoring these institutions’ subsequent actions — specific deployment schedules for tokenized financial instruments, collateral expansion progress, and the flow changes of large on-chain funds.

The main theme of RWA in this cycle is shifting from concept validation to infrastructure development.