The tokenization market is compounding with asset launches reaching a new recording in 2025. Tokenized onchain value moved from ~$200B in 2024 to ~$320B by Q1 2026. What stands out is the depth in asset quality, more native issuance/redemption, real-time settlement, and DeFi composability. Read our full State of Tokenization Q1 2026 Report: https://panteracapital.com/state-of-tokenization-q1-2026-pdf/(Pantera Capital)