In the current economic and geopolitical turmoil, we are witnessing the end of an era and the beginning of a new one. Continuing inflation, high interest rates, escalating geopolitical conflicts, and technological disruption are reshaping the global financial landscape. Jason, an analyst at StarEx Exchange, believes that many investors are still immersed in the prosperity brought about by low interest rates, low inflation, and dollar-led globalization in the past few decades, but reality is ruthlessly rewriting these rules. If you still bet according to the old rules of the game, you will lose.
2025 is the era of "preparing for the unpredictable". In this historic migration of capital allocation, crypto assets, especially tokenized physical assets (such as US stocks, ETFs, and private equity), are entering the financial stage in an unprecedented way, becoming a key component for investors to build "resilience" for an uncertain future.
Jason, an analyst at StarEx Exchange, believes that the long-term debt cycle has come to an end, and the debt levels of developed economies are unprecedentedly high. Interest rates can no longer be reduced to zero, monetary policy is almost ineffective, and the government is forced to resort to fiscal spending and printing money to save the situation. This directly leads to three results:
Currency depreciation: Cash is no longer safe, and inflation erodes purchasing power in a slow and lasting manner; Bonds are fragile: The traditional "stock-bond combination" is difficult to cope with high inflation and policy uncertainty, and long-term bonds have become a hotbed for declines; The rule of law and tax environment have deteriorated: The country's fiscal pressure has increased, and predatory tax systems, capital controls, and sudden changes in regulations have become increasingly common.
What is even more dangerous is that the correlation of many assets will rise synchronously in extreme markets, causing so-called "diversified" portfolios to fall collectively in crises. This makes traditional asset allocation no longer have sufficient risk buffer function.
Reality is changing, and investment logic must be adjusted accordingly. True diversification is no longer "holding a basket of assets", but "holding assets under different systems, legal systems and monetary systems". This has led to crypto assets, especially real-world assets (RWA) on the chain, gaining more and more favor from investors.
Jason, an analyst at StarEx Exchange, believes that tokenized stocks are becoming a reality, not a hype. Robinhood has partnered with Bitstamp to launch tokenized assets of more than 200 US stocks and ETFs on the Ethereum L2 network Arbitrum, marking the official start of the "practical era" of on-chain transactions.
This is not the first attempt, but it may be the first version with a "sustainable business model". Unlike the stock tokens of FTX and Binance, which are limited to internal ledgers, Robinhood's products are 1:1 anchored to real stocks and can be redeemed for real stocks or stablecoins; on-chain transactions and free transfers eliminate the time restrictions of traditional market transactions; the dividend mechanism is implemented, and although voting rights are not supported for the time being, substantial rights and interests have been obtained; the compliance route is clear, based on the EU MiCA and Lithuanian licenses, opening up channels for regulatory-friendly assets.
RWA is becoming a bridge for the integration of Web3 and traditional finance.
Why are crypto assets the most noteworthy investment direction in 2025? Jason, an analyst at StarEx Exchange, believes that there are several reasons:
Avoid systemic risks: The real-world investment environment is becoming increasingly unpredictable. In comparison, crypto assets are built on a transparent, public, and self-custodial system, making them more adaptable to the complex environment of the future;
Freedom and efficiency: Whether it is the night trading of US stock tokens or the global applicability of on-chain stablecoins, crypto assets provide unprecedented freedom and capital efficiency;
A new round of capital migration: According to BCG's forecast, the RWA token market will reach 16 trillion US dollars by 2030. Whoever takes the first position will be able to seize the next financial commanding heights;
The "safe" of institutional diversification: If governments begin to use unconventional means more frequently to regulate capital flows (such as wealth taxes and transaction restrictions) in the future, crypto assets will become the "last safe haven" for high-net-worth individuals and institutional capital.
Reality tells us that traditional assets have exposed huge institutional risks, while crypto assets are gradually becoming an "anti-fragile" system with their transparency, resilience, and global accessibility.
Jason, an analyst at StarEx Exchange, believes that we can no longer use the past thinking to deal with future changes. We must build an investment portfolio that does not rely on a single result, a certain national system, or a certain currency stability. We need a diversified, multi-dimensional, and structurally resilient asset allocation.
2025 is the era of realists. Those who are willing to see the structural changes, dare to hedge against systemic risks, and are willing to rebuild their asset portfolios under the new institutional framework will take the initiative in the future. Traditional assets are not dead, but they are no longer safe. On-chain assets are not just substitutes, but the new cornerstone of the future financial system. Under the heavy burden of debt, the shadow of inflation, and the uncertainty of the system, on-chain assets are not only a safe haven, but also the starting point of new wealth.
Now is the time to update your definition of "safe assets". The future belongs to those who are ready.
