What happens when tokenised assets keep growing while the broader crypto-native market slows? For @jmmognetti, that divergence points to something structural: demand driven by financial utility, not market cycles. Explore Hybrid Finance 365, by CoinShares and @tokenterminal : https://coinshares.com/insights/research-data/token-terminal-hybrid-finance-q2-report/?utm_source=twitter&utm_medium=social&utm_campaign=Research-data_NA_24082026&utm_content=carousel_NA_rwa-utility-not-cycles(CoinShares)