Tokenization Boom: Bitwise CIO Points to Top 3 Altcoins

Bitwise Chief Investment Officer Matt Hougan says that tokenization alone is not enough to make investors rich. He believes that owning the infrastructure behind it, such as high-performance layer 1 networks like Ethereum and Solana, or data providers like Chainlink, could provide more benefits.

Hougan stated that tokenized assets offer small advantages, but most of the return comes from the underlying asset itself. For example, a tokenized Tesla share is still just a Tesla share.

He pointed out that Ethereum and Solana are the base on which tokenization is built, while Chainlink supplies the link to real-world data. Hougan estimated that Chainlink holds about 70% to 80% of the market for connecting blockchains to real-world data.

Hougan also expects two big shifts over the next decade: markets that never close and loans for everyone. He believes that tokenization could become the biggest financial inclusion tool ever, giving anyone with a mobile phone access to global investments.