Tokenization Revolution: Internet Capital Market to Overtake Traditional Markets

The internet capital market is on the cusp of becoming the largest capital market in the world, according to Solana Foundation Chairman Lily Liu. This transformation is driven by the tokenization supercycle, a long-term process that's changing the way assets are created, traded, and owned.

Tokenization allows for the creation of digital versions of traditional assets, such as currencies, stocks, and bonds. These tokens can be issued on-chain, making it possible to trade them globally and efficiently. Stablecoins have already demonstrated that currencies can circulate on-chain at scale, while financial institutions are bringing assets onto blockchain platforms.

The integration of programmable currencies with AI is accelerating this cycle, enabling the creation of new economic participants, software capable of autonomously completing economic activities. This has the potential to unlock dormant wealth and make ownership more inclusive.