According to CoinMeta, Bitmine Chairman Tom Lee stated that this round of crypto bull market is driven by RWA and asset tokenization, with a potential market scale that is enormous. The global liquid asset size is approximately 200 trillion dollars, of which stocks, bonds, and credit assets account for about 160 trillion dollars. If 10% of this amount is tokenized, it would correspond to a market size of around 16 trillion dollars. For every 1 dollar of assets that is tokenized or locked within the L1 blockchain ecosystem, it typically creates about 1 dollar in value for that blockchain.