Tokenization could revolutionize investing, making it more accessible to retail investors by unlocking traditionally restricted asset classes, as per Johann Kerbrat, the senior vice president and general manager of Robinhood Crypto. Kerbrat emphasized the significance of tokenization for financial inclusion during his speech at the Consensus 2025 event in Toronto. He highlighted that certain real-world assets like real estate and private equity are currently only available to a small percentage of the US population, typically accredited investors. Fractionalization through tokenization could enable broader access to such assets, offering individuals the opportunity to invest in assets like real estate in New York. Robinhood, alongside firms like BlackRock, Franklin Templeton, Apollo, and VanEck, has been exploring RWA tokenization lately, aiming to enhance financial accessibility, particularly in private credit and US treasury markets. According to RWA.xyz, as of May 16, the total market capitalization of onchain RWAs stands at $22.5 billion, split among 101,457 asset holders, with each holding an average of $221,867 in onchain assets. Kerbrat also discussed the evolution of stablecoins, predicting an increase in specialized stablecoins catering to specific markets. He emphasized the shift towards platforms managing various stablecoins for specific use cases, such as cross-border transactions. Fireblocks policy chief Dea Markova highlighted a growing demand for non-dollar-pegged stablecoins, signaling a broader trend in the stablecoin sector. The Italian finance minister’s warning about the risks associated with dollar-pegged stablecoins further underscores the importance of exploring specialized stablecoin options. With the growing interest in tokenization and stablecoins, the financial landscape is poised for significant transformations, potentially democratizing investment opportunities for a broader audience.