Even the IMF believes that asset tokenization is an unstoppable trend: this time, they included it in their flagship stability report. They compared the $300 trillion traditional asset market to the fact that asset tokenization is just getting started. Tokenizing assets can consolidate issuance, trading, settlement, and services onto a single programmable ledger, enabling 24/7 operations, fractional ownership, lower costs, and composability. However, they also mentioned that scaling depends on four mutually reinforcing constraints: legal certainty, regulatory clarity, cross-platform interoperability, and widely accepted secure settlement assets. Ethereum will become the most important settlement layer in this wave.