🔥 Wall Street is buying DeFi tokens down 70-85% to own the rails behind $27.35B of RWAs onchain. "Keep a close eye on $AAVE and $MORPHO ". That number alone forced me to re-evaluate everything I thought about DeFi tokens. Here’s what doesn’t make sense at first glance: - Most governance tokens are still down 70-85% from peak. - No clear cash flow, no legal ownership. - DAO drama like Aave’s $51M proposal only made sentiment worse. -> So naturally, retail gave up 🤔. But at the same time, I’m seeing something very different happening: - @BlackRock accumulating $UNI while routing $BUIDL through @Uniswap rails. - Citadel positioning around @LayerZero_Core + $ZRO. - Apollo committing to $MORPHO while building lending markets on top. This is where my perspective changed: I don’t think they’re buying tokens for upside but buying alignment. Because if they’re about to move billions onchain, then logically they want a seat at the table. FYI, DeFi tokens were never designed like equities, but they might be evolving into something else entirely. They want early access to financial rails before they become default. ...