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Geoffrey Kendrick of Standard Chartered believes tokenized equities represent the next significant build within the Ethereum ecosystem, citing Robinhood's chain launch with Arbitrum as an example. Jacquelyn Melinek shared Kendrick's perspective, noting his view that current offerings are mostly wrappers but that more developments are expected in a few years.
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Jacquelyn Melinek previously reported that OKXICE saw 22 companies opt out of its planned stock tokenization effort, an increase from earlier in the month according to her coverage. In another report, Citi Research identified collateral mobility as a potentially important application for tokenization within protocols such as Aave as detailed by Melinek. These developments highlight ongoing industry evaluation of tokenization approaches and potential use cases.