🪐 Galaxy Digital’s $20 million infusion into Fence could be the first real‑world use‑case that forces traditional credit markets to talk to blockchain. The startup’s tokenized workflow promises to shave weeks off settlement and open the $6 trillion space to programmable finance, a narrative that suddenly feels more than hype. 🕸️ If the tokenization layer sticks, we may see a cascade where institutional players start allocating BTC‑denominated collateral to back credit tranches, giving ETH‑based DeFi protocols a fresh source of yield. The upside is a legit bridge that validates crypto as infrastructure, but the risk is regulatory drag and the inertia of legacy custodians; without clear compliance pathways the runway could stall. 👁️‍🗨️ The sharpest takeaway: the real battle will be not the tech, but who can secure the legal scaffolding to let tokenized credit flow at scale. ⚠️ Personal analysis only. DYOR. #Tokenization #CreditMarkets #Web3