Lily Liu Says Tokenization Could Drive a Long-Term Token Supercycle

Lily Liu said funds, assets, and ownership are moving to 24/7 internet infrastructure, creating a long-term token supercycle. According to Odaily, she said tokenization is not only moving assets onchain but also changing the assets themselves, allowing value to be issued, held, financed, and traded in markets that never close. Liu said stablecoins have shown that money can move globally onchain, while financial institutions are pushing assets onto blockchains and infrastructure is beginning to meet real-economy demands for speed and lower costs. She added that AI economic agents need programmable money, and that any value with clear ownership could eventually be tokenized. Liu said RWA trading volume on Solana reached hundreds of billions of dollars over the past year, covering tokenized U.S. Treasurys, stocks, and private credit. She also said stablecoin transfer volume exceeded $4.7 trillion during the same period. Liu said tokenization could help more investors bypass geographic, minimum investment, and qualification barriers, and allow assets to be used as collateral or to generate yield.