This movement in $UNI didn't come out of nowhere.

And here there's a story I think is much more interesting than simply saying “UNI went up”.

The SEC opened up an experimental structure for trading tokenized stocks using public blockchains and permissioned pools.

Now think with me:

anyone who already works with AMMs, pools, and DeFi infrastructure obviously goes on the market's radar.

That’s why we saw $UNI accelerate alongside other names tied to DeFi and tokenization.

But there’s an important catch:

the SEC DID NOT approve Uniswap.

The market is making an association between the new rule and an infrastructure that could benefit from this kind of market.

For me, that difference between “potential beneficiary” and “approved project” is exactly where a lot of people get lost when a new narrative shows up.

$UNI #Uniswap #DeFi #RWA

Tokenization of stocks could become a big narrative for the next cycle—or is the market already moving too fast?