Internet capital markets: from the “unbrokeraged” to the universally invested

Tokenization, leveraging blockchain technology, is establishing global, always-on Internet Capital Markets designed to solve the massive financial exclusion problem faced by the 'unbrokeraged'—those lacking access to capital markets, similar to how fintech addressed the 'unbanked.' This new infrastructure allows assets to be born digital, traded 24/7, and accessible globally with fractional ownership, drastically lowering entry barriers previously enforced by high minimums and accreditation requirements in private markets. Examples like Hamilton Lane access via Republic Crypto for as little as $500 and tokenized BitGo stock on Solana demonstrate this democratization. Major asset managers like BlackRock and Franklin Templeton are validating this trend with tokenized money market funds, offering instant settlement via stablecoins and enabling investors worldwide to participate in global growth opportunities previously reserved for the wealthy. For advisors, this means lower costs to serve and the ability to offer sophisticated, fractionalized portfolios to a broader client base, transforming the 'unbrokeraged' into the 'universally invested.'

(Source：CoinDesk)