Securitize Just Went Public — Are We Still Tokenizing the World?

What you'll learn

• 1 (00:38) **State of Tokenization & Securitize Business Model** - Carlos explains we are still in the very early stages of tokenizing the world (~$35B on-chain vs. trillions possible), then breaks down Securitize's three business lines: transfer agent, broker-dealer, and fund administration.
• 2 (05:00) **The Bottleneck is Demand, Not Supply** - The supply side (asset managers, banks, issuers) is eager to tokenize, but the consumption side remains mostly a crypto-native audience.
• 3 (06:48) **The Tokenization Pitch: New Functionality Over Efficiency** - Carlos explains that the value proposition depends on the asset class, emphasizing innovation over cost savings.
• 4 (10:09) **Two Worlds of Tokenized Stocks: Native vs. Synthetic** - Carlos distinguishes between compliant, native tokenization (Securitize's model) and third-party synthetic/derivative products (e.g., Ondo, Robinhood).
• 5 (16:05) **Convergence of the Two Worlds** - The offshore/permissionless world will eventually be forced toward compliance, just as centralized exchanges were.
• 6 (18:25) **The Liquidity Hurdle for Tokenized Assets** - Bringing native liquidity and market makers on-chain is one of the biggest challenges.
• 7 (23:20) **Lowest-Hanging Fruit for Tokenization** - The easiest targets are not the Apples or Nvidias of the world.

+ Full timestamped outline available in the app