"At a large enough scale, tokens would in effect turn private firms into public ones" - The Economist
Because of this (and other reasons) "the view that crypto has not produced any innovations of note can be consigned to the past"- The Economist concludes.
TLDR: We Won.

If tokenization of private stock (a la Robinhood's efforts) takes off, I wonder if we're even going to talk about public vs. private companies in the future. May just be kind of a spectrum of various levels of liquidity and disclosure.

Joe Weisenthal

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Ethereum is certainly not in danger as multiple support levels can help carry it through correction