Wall Street giants like JPMorgan are tokenizing billions behind closed doors, keeping blockchain efficiency strictly for internal institutional plumbing. While megabanks limit tokenized deposits to their own branches, nimble fintechs are finally bridging the gap toward real-world retail utility. The race for public-facing tokenization is heating up, and legacy finance risks missing the broader revolution by clinging to walled gardens. #Tokenization #RWA #DeFi