I think tokenized stocks could make this bull run way bigger than people realize

Something I keep thinking about lately is how different this cycle could get if tokenized stocks/RWAs actually take off. Which it seems like they already are tbh.

Previous bull runs were mostly crypto money chasing crypto assets. New people came in, bought BTC/ETH/alts/memecoins, money rotated around, and eventually left just like every other time.

Tokenized stocks potentially change that because now you're bringing an entirely different pool of assets onto the same rails.

Imagine someone holding NVDA or TSLA onchain, being able to trade it 24/7, swap it into BTC, borrow against it, use it as collateral, or move between stocks, stablecoins and crypto without ever leaving their wallet.

That's a much bigger deal than just "stocks onchain."

Tokenized equities are still tiny right now in the grand scheme of things, but they're growing quickly and major exchanges/financial institutions are clearly moving in this direction. The interesting part to me is what happens if even a small percentage of the traditional stock market starts moving onchain.

Suddenly crypto isn't its own isolated market anymore. It's infrastructure for stocks, treasuries, commodities, crypto and eventually probably a lot more.

Obviously that doesn't mean tokenized stocks automatically make BTC or alts pump. But I do think bringing trillions of dollars of traditional assets closer to crypto liquidity could create a much larger ecosystem than we've ever had in a previous cycle.

Curious if anyone else thinks RWAs could be the thing that makes this bull run fundamentally different, or if you think the impact on actual crypto prices is being overstated?

Either way, this time just actually feels different imo.