Tokenization is expected to promote the democratization of capital markets, with an impact comparable to the influence of fintech on the banking industry. It achieves partial ownership and 24/7 global access through blockchain technology. This "Internet capital market" infrastructure, such as Hamilton Lane's minimum investment of $500 and BlackRock's tokenized funds, significantly lowers the barriers to entry. Driven by the tokenization of government bonds, commodities, and other real-world assets, the total market value of tokenized real-world assets reached a record $23.4 billion in February.