Joe Moglia, former chairman of TD Ameritrade, has predicted that all financial assets will be tokenized within the next five years. Speaking on CNBC, Moglia highlighted the slow adoption of tokenization by traditional finance sectors. Currently, real-world asset tokenization has exceeded $33.91 billion, with private credit leading at $17.5 billion, according to RWA.xyz. Ethereum remains the dominant platform in the tokenized asset market, holding a 57.55% market share with $12.1 billion. Solana, despite a 35.34% monthly growth rate, holds $686.3 million. Tokenized stocks have also seen significant growth, reaching $676.77 million, with Tesla being the most popular on Solana. Moglia, now chairing FG Nexus, an Ethereum treasury company, disclosed plans to explore tokenizing its reinsurance company.