I think the Chinese Open Source AI companies should list their stocks as tokens
1/ Global investors want exposure to Chinese AI and access is extremely hard. ADRs carry delisting risk, A shares are walled off, and Beijing just cut mainlanders off from Futu and Tiger. The rails are broken in both directions
2/ Open source models have massive global communities. Millions of users and devs with zero way to own the upside. Tokens enable this.
3/ Open weights and permissionless capital are the same ethos. The cultural fit is obvious
4/ Token listings mean 24/7 global liquidity, which means higher valuations, more funding, bigger training runs. The flywheel compounds
@ZhipuAI
@Alibaba_Qwen
@MiniMax_AI
@deepseek_ai
Had a lot of convo with the "equity refugees" after Beijing blocking mainland users of Futu and Tiger from trading US assets, even forcing divestment on a deadline. This is exactly the kind of moment that creates massive openings for founders building permissionless access rails.
And this won’t be the last one. As sovereign powers keep decoupling from the global monetary order, and from the USD’s grip over asset issuance and distribution, the next frontier in finance is no longer just banking the unbanked. Stablecoins, blockchain payment rails, and Bitcoin have already pushed that frontier forward for the last 15 years. The next one is brokering the unbrokered.
As AI compresses the value of human brain-time, wealth preservation will come less from paycheck accumulation and more from productive asset accumulation. That’s why tokenization matters, not as another crypto wrapper, but as a new market infrastructure layer.
Founders building onchain equities, RWA perps, tokenized brokerage, or the liquidity / clearing / collateral layer underneath it, DMs are open