Tokenization isn’t a side market. It’s THE AREA OF FOCUS for Larry Fink and BlackRock. It’s measured in tens of trillions across credit, equities, commodities, real estate, and funds. Settlement is even bigger — because everything clears. And settlement gets compensated every time value moves, nets, or reconciles. Ripple sits on both sides of that equation: •XRP as neutral settlement inventory •A regulated banking entity •ODL as the liquidity engine Think of it like having the Navy, Marines, Army, and Air Force. Different roles. Same mission. Redundancy by design. No matter what the opposition does, there are multiple ways to route around pressure. If you’re fixated on short-term price, you missed the point. You’re still missing the point. Price can’t fully express until structure, regulation, escrow mechanics, and usage are aligned. Changing global financial plumbing takes time. That kind of time requires patience. As Charlie Munger put it — the big money is made in the waiting.