OKX CCO Lennix Lai on Asset Tokenization, the Adoption Gap, and Blockchain’s $30 Trillion Potential
In a recent interview, OKX Chief Commercial Officer (CCO) Lennix Lai shared his strategic insights on the future of blockchain and asset tokenization – which he believes is on track to become a $30 trillion market.
Tokenization – Bridging Traditional Finance and Web3
According to Lennix Lai, tokenization – the process of converting physical or financial assets into digital form on the blockchain – is one of the most disruptive applications of distributed ledger technology. He said:
“Tokenization not only enables more transparent and efficient digitization of assets, but also opens up global access, seamless liquidity, and smarter governance.”
Tokenization can be applied to a wide range of assets, from real estate, bonds, unlisted stocks, to precious commodities like gold or artwork. According to a report from BCG and ADDX, the tokenized asset market could reach $30 trillion by 2030 if implemented globally.
Adoption Gap and Challenges Remain
However, Lennix also acknowledged that there is an “adoption gap” between the technology’s potential and its practical implementation. He listed three main factors that are hindering the growth of tokenization:
Legal frameworks are not unified: Countries have very different approaches to digital assets. The lack of global standards makes it difficult for financial institutions to implement long-term strategies.
Incomplete infrastructure: Many exchanges, wallets, and custody systems are not yet strong enough to handle tokenized assets in a secure and compliant manner.
Limited Education and Awareness: The mainstream and institutional investors still lack understanding of the real benefits and risks of tokenization.
However, he believes that the shift is happening. "Traditional finance is increasingly integrating blockchain technology. Central banks, institutional investors, and asset issuers are all starting to see blockchain as a legitimate tool for the future."
OKX – An Ecosystem for Tokenization and Digital Assets
As one of the world's leading digital asset exchanges, OKX serves not only as a trading platform but also as a comprehensive ecosystem that includes a Web3 wallet, NFT marketplace, DeFi platform, and cross-chain solutions.
Lennix said that OKX is actively working with institutional partners to develop scalable and regulatory-compliant tokenized products. They also aim to bridge traditional Web2 assets and Web3 – a vision he calls “hybrid finance” (HyFi).
The future is programmable digital assets
Lennix concludes with a strong point:
“The future of assets is digital – but not just digital, but programmable. As tokenization develops, assets will no longer be just physical possessions – they will become smart objects, capable of executing logic, contracts, and governance.”
While the blockchain industry faces many challenges from the market and the law, leaders like Lennix Lai are confident that a new era of transparent, efficient, and global digital assets is coming – and tokenization is the key to unlocking it.
About OKX
OKX is one of the world's leading digital asset platforms, providing trading, storage, DeFi, NFTs and decentralized wallets. With millions of global users, OKX aims to promote the widespread adoption of blockchain technology and digital assets.