Tom Lee: This round of cryptocurrency bull market is driven by RWA and asset tokenization

Bitmine Chairman Tom Lee stated that the current cryptocurrency bull market is driven by RWA and asset tokenization, with a huge potential market size. The global current asset size is about $200 trillion, of which the size of stocks, bonds, and credit assets is about $160 trillion. If 10% of them are put on chain, it will correspond to a market size of about $16 trillion. For every $1 asset tokenized or locked in the L1 blockchain ecosystem, it typically creates approximately $1 in value for the blockchain.