Tom Lee: TradFi tokenization supercycle to unfold within 10 years
- —Tom Lee says the market is at the start of a TradFi tokenization supercycle
- —He expects most traditional finance firms to build on Ethereum
- —ETH at $22,000 implies BitMine stock at $300–500 versus $26 now
- —ETH at $62,000 implies BitMine stock at $1,200–1,500
Why it matters: The head of the largest ETH treasury company is pushing the tokenization narrative and tying BitMine's valuation directly to Ethereum's price.
Source: Bloomingbit