Citrini Research dropping some truth bombs 💣
Tokenization winners won't be $BTC or $ETH holders
Real alpha? The protocols taxing every trade, loan, and payment
Think Uniswap fees, lending protocol spreads, payment rails taking cuts
RWA narrative is about infrastructure plays, not just holding spot
Follow the fee collectors, not the assets being tokenized
Tokenization winners won't be $BTC or $ETH holders
Real alpha? The protocols taxing every trade, loan, and payment
Think Uniswap fees, lending protocol spreads, payment rails taking cuts
RWA narrative is about infrastructure plays, not just holding spot
Follow the fee collectors, not the assets being tokenized