Tokenization is rapidly transforming capital markets, with over $24 billion in real-world assets now on public blockchains, driven by major players like Robinhood and BlackRock. The shift toward onchain infrastructure is allowing fintechs and corporations to streamline processes, reduce reliance on traditional financial intermediaries, and enhance global liquidity. However, challenges remain regarding full ownership rights and the integration of onchain assets with offchain constructs.

The article discusses the trend of tokenizing stocks within the fintech sector, highlighting its potential to revolutionize asset ownership and trading. It emphasizes the benefits of increased accessibility and liquidity for investors, as well as the implications for traditional stock markets. The piece also touches on the growing interest in blockchain technology as a driving force behind these developments.

The emergence of Fintech 3.0 is paving the way for a new financial system built on blockchain technology, characterized by instant payments, digital asset control, and regulatory clarity following the GENIUS Act. With the success of stablecoins and the potential for tokenization of various assets, there is a significant opportunity for startups to innovate and build onchain solutions. YC and Coinbase Ventures are eager to support and fund projects that leverage this evolving infrastructure.