A major crypto exchange just made a strategic acquisition that signals where the industry's heading. The platform's scooping up Backed Finance as part of its tokenization expansion—and the timing's interesting, given whispers of a potential public listing down the road. This move hints at a bigger play: bridging traditional assets with blockchain rails. Tokenization's been gaining serious momentum lately, with institutional players eyeing real-world asset exposure through digital infrastructure. Looks like someone's positioning early before the IPO spotlight hits.