Tokenization is the biggest bull market in crypto. The total circulating supply of onchain tokenized equities just hit another record high, at $3.8 billion. This metric has now reached a new record high for 10 consecutive weeks, up +590% year-to-date. It has become increasingly clear that financial markets are moving toward tokenizing everything. Investors are demanding 24/7 markets, and tokenized assets are increasingly fulfilling that demand. Amid the shift, Jupiter, the largest onchain platform on Solana, reported that 70% of tokenized asset trading now occurs outside traditional market hours. Amid this surge in demand, the NYSE is developing infrastructure for tokenized equities and perpetual futures. The future of financial markets is onchain.