Investors looking to bet on tokenization should think in phases, with institution-friendly networks like Canton likely winning first and Avalanche, Ethereum capturing more upside later, Grayscale's Zach Pandl said. Grayscale's research head Zach Pandl said tokenization should be viewed as a long-term roadmap rather than a single trade, with different winners emerging at different stages. Pandl expects early gains to come from institution-centric, permissioned systems like the Canton N…
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