At CoinDesk's Public Keys event held at the New York Stock Exchange, Brett Redfearn, President of Securitize, disclosed that the company's tokenized assets are approaching $30 billion, calling it just the beginning of a broader wave in traditional finance. Redfearn emphasized that adhering to regulatory frameworks is essential for tokenized assets to access public markets, noting that the US stock market alone represents a $70 trillion opportunity that could reshape asset liquidity and ownership.
Bitcoin & Tech Stocks Correlation Rises
Michael Reinking from NYSE observed a growing correlation between Bitcoin and major technology stocks, reflecting institutional investors' view of crypto as a macro asset class. Meanwhile, AVAX One CEO Jolie Kahn unveiled plans for a new AI data center in Alberta, Canada, leveraging the region's abundant energy resources to support high-performance computing—a move that aligns with the ongoing shift of Bitcoin miners toward AI infrastructure.
Bitcoin ETF Inflows Hit All-Time High
The event also highlighted Bitcoin spot ETF flows, which reached a record $1 billion in a single day, signaling accelerated capital deployment from traditional markets. Analysts attribute this trend partly to miners redirecting computing power to AI data centers, optimizing energy costs and diversifying revenue streams beyond mining rewards.
Regulation & Market Outlook
Redfearn stressed that long-term success of tokenization depends on regulatory clarity. Securitize focuses on compliant offerings and maintains close dialogue with the SEC. If even a fraction of the $70 trillion US equity market is tokenized, financial services efficiency could soar, with settlement times shrinking from T+2 to real-time. Additionally, the pivoting of Bitcoin miners toward AI data centers adds new value to blockchain infrastructure—evolving from pure hash power to distributed computing resources.