I’m convinced that tokenization / securitization will never be free and fair without Bitcoinization and I believe it can be done with stablecoins and low complexity settlement in Bitcoin.
My learning is that there’s more of an incentive problem rather than a tech problem for bringing forward a decentralized future.
Many of the existing TradFi ratings, legal, and credit infrastructure will be upgraded with bitcoinized RWA stocks, and markets for trading them.
There’s definitely a place for collectibles and I don’t think loans and unsecured credit will carry forward.