Can everything in this world be tokenized on-chain? What tokenization truly changes isn’t the form of assets, but the boundaries of capital flow. In the past, if a company wanted to raise funds globally, it had to overcome numerous hurdles like markets, regulations, custodians, and exchanges. With assets on-chain, global capital now has the opportunity to connect directly through more open infrastructure for the first time. CZ mentioned the issue of 'liquidity fragmentation,' and while it’s indeed a challenge, I believe this is a necessary phase for the early stages of the industry. First, let assets go on-chain, then solve liquidity interoperability. If, in the future, different issuers and different blockchains can truly achieve efficient asset swaps, then tokenization might not just be about moving real-world assets onto the chain—it could be about reconstructing the way global capital markets connect. The next big thing worth paying attention to might not be 'which assets will go on-chain,' but rather 'after going on-chain, can global liquidity truly be interconnected?' I’m really curious—can human consciousness and SKILL be tokenized on-chain? @cz_binance