Eight Years Ago, Almost Nobody Knew What This Meant

Now Nasdaq’s CEO is talking about it on CNBC

On Valentine’s Day in 2018, 10 collectors got together and paid $1 million for a picture of a rose.

They couldn’t hang it on a wall. They couldn’t put it in a safe. What they bought was a digital token tied to a photograph called The Forever Rose.

In 2018, famed photographer Kevin Abosch sold The Forever Rose on an Ethereum-based blockchain platform for $1 million.

When I showed my readers that story back then, almost nobody knew what tokenization meant. I was talking about digital art and what might someday happen with real estate, stocks and other traditional assets.

The rose sold for $1 million at a time when plenty of people still dismissed crypto as a bubble or “magic internet money.”

Just five weeks earlier, Warren Buffett had gone on CNBC’s Squawk Box and said cryptocurrencies would “come to a bad ending.”

But I kept telling my readers to look past the noise and watch what Wall Street was building around crypto.

Blockchain wasn’t just about bitcoin. It could change the way we own and trade everything from real estate to stocks, bonds, and commodities.

My research told me we were watching the early stages of a new financial system. Back then, that idea sounded far-fetched to a lot of people.

Today, I don’t need a digital rose to show you where this trend is going.

On September 30, I held a special briefing and showed you why I believe Wall Street is beginning to move the assets it already owns onto crypto rails. I call it the Fourth Crypto Wealth Wave.

Nine days later, Nasdaq CEO Adena Friedman sat down with CNBC and discussed tokenization.

Friends, this is how a story moves from the edges of the market into the mainstream.

The crowd isn’t here yet. Most people still aren’t talking about tokenized stocks over dinner. Your neighbor probably isn’t asking which blockchain Wall Street will use.

But Nasdaq is talking about it on CNBC now.

And every time this story moves another step into the mainstream, the window to get positioned for life-changing gains gets smaller.

The Mistake I Don’t Want You to Make

Subscribe to keep reading - It's Free!

This content is free, but you must be subscribed to The Digital Asset Daily to continue reading.

Already a subscriber?Sign in.Not now