Tokenization mirrors the $20 trillion ETF boom as blockchain and AI converge, Ondo exec says
Key takeaways
- "The future of markets are onchain," Hoffman said in a CoinDesk interview.
- Hoffman's thesis ties into one of the biggest trends in both crypto and traditional finance: bringing all kinds of financial assets onto blockchain rails.
- The market for tokenized assets has nearly tripled over the past year to more than $33 billion, according to RWA.xyz.
The former Invesco and Grayscale executive, who recently joined tokenization firm Ondo Finance ONDO$0.3715 as head of portfolio products, argued the convergence of blockchain infrastructure and AI could become one of the biggest forces shaping capital markets over the coming decade.
"The future of markets are onchain," Hoffman said in a CoinDesk interview. AI agents, he said, will eventually become active participants, buying, selling and allocating capital through tokenized investment products.
Hoffman's thesis ties into one of the biggest trends in both crypto and traditional finance: bringing all kinds of financial assets onto blockchain rails. Wall Street banks, asset managers and exchanges are experimenting with tokenized versions of bonds, funds and equities, betting that blockchain-based infrastructure can make markets faster and more efficient.