Ondo Finance hires ETF veteran John Hoffman to build tokenized portfolios

The 30-year reign of the ETF as the default vehicle for global capital is over. While it took decades for ETFs to democratize markets, onchain finance is compressing that timeline at a pace traditional finance can't match. With tokenized stocks hitting $1B in just eight months, blockchain is the new infrastructure that will make current brokerage models obsolete. Is the traditional ETF already a legacy product, or is this just hype? What's your take?
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