【Multicoin co-founder: does not believe that public stock issuance will become the first tokenized security adopted by the mass market】Jinse Finance reported that in a report released on the 7th, Multicoin co-founder Tushar Jain stated that he does not believe that public stock issuance will become the first tokenized security adopted by the mass market. Markets with poor liquidity, high opacity, and greater benefits from tokenization are more likely to be adopted first. This could be equity in startups, as there is no reason to pay Carta or Angelist to manage it when blockchain can manage the cap table for free. It could be fixed income instruments that Figure has been researching for years. It could be LP equity in funds.