Tokenization. You’ve been hearing about it since 2017. So have we. In this short, unfiltered episode of Boxes and Lines, Ronan and JR unpack the hype around tokenizing stocks — what it actually means, what it changes , and what ends up left out of the conversation. They get into the post-trade plumbing, investor protections, regulatory realities, and why, in JR’s words, “Trading on the blockchain doesn’t actually eliminate the need for any of that.”