Nice post! I think it is highly unlikely or impossible that crypto will be part of the stock market. But they might partly compete and complement each other (bridging the gap a little) depending on the circumstances.
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I think they will eventually compete and partially replace the stock market.
Perhaps you are right, but it is more of a semantic concern for me. They are different entities. If you read my latest post, we are doing something similar in Norway right now. Tokenizing a traditional financial business.