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George Harrap Predicts $1 Billion On-Chain TVL for Tokenized Stocks in the Next Year

George Harrap Predicts $1 Billion On-Chain TVL for Tokenized Stocks in the Next Year

George Harrap, the co-founder of Step Finance—a popular Solana-based analytics platform—recently dropped a intriguing prediction on X (formerly Twitter). In his post, he envisions a future where tokenized stocks, often referred to as "stonks" in crypto slang, explode in popularity on the blockchain. Specifically, he bets that within the next 12 months, the total value locked (TVL)—that's the amount of assets committed to a protocol— in on-chain real-world assets (RWAs) for stocks will hit a staggering $1 billion.

Harrap's tweet highlights a key frustration with traditional finance, or "TradFi" as it's commonly called in crypto circles. He points out that no everyday investor (retail, in industry terms) wants to jump through hoops with clunky, multi-step signup processes on outdated websites just to buy shares. Instead, the future is seamless: it'll "just be a wallet." Think about it—connect your crypto wallet, and boom, you're trading tokenized versions of real-world stocks directly on the blockchain. No fuss, no legacy systems holding you back.

He wraps up by suggesting folks "prolly should look into projects with a token that do this." It's a nod to the growing ecosystem of DeFi (decentralized finance) projects tokenizing RWAs. These platforms are bridging the gap between traditional assets like stocks, bonds, or even real estate, and the blockchain world. By turning them into digital tokens, they become easier to trade, fractionalize, and integrate into smart contracts.

This prediction aligns with broader trends in the crypto space. As blockchain technology matures, RWAs are gaining traction because they promise to democratize access to investments that were once gated behind bureaucratic walls. For meme token enthusiasts, this could mean exciting crossovers—imagine meme-inspired stock tokens or community-driven RWA projects that blend humor with real value.

Harrap's optimism is captured in his phrase "it will be uponly forever," a playful crypto term meaning prices will keep climbing without dips. While that's aspirational, the underlying message is clear: simplicity wins. Projects like those on Solana, where Step Finance operates, are well-positioned here due to the chain's speed and low fees, making it ideal for high-volume trading.

If you're diving into this space, keep an eye on tokens associated with RWA platforms. They could be the next big thing, blending the accessibility of crypto with the stability of traditional assets. For the full tweet, check it out here. What's your take—will we see that billion-dollar milestone sooner than expected?

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