Bitcoin skeptic Michael Burry says he’s exploring tokenization

Michael Burry, famous for his bearish stance on Bitcoin and his role in predicting the 2008 financial crisis, recently shared an article about tokenization on X (formerly Twitter), stating he is “learning” about it. This move surprised many, given his past comparisons of Bitcoin to the tulip bubble and his skepticism regarding its long-term value. The article Burry shared, published by The Paypers, highlights the growing importance of tokenization in global finance, particularly the role of tokenized dollars and stablecoins in strengthening the dollar’s position. Institutional interest in tokenization is also increasing, with BlackRock CEO Larry Fink, a former Bitcoin skeptic, now viewing it as a rapidly developing technology with significant growth potential. Burry’s post prompted a range of reactions, with some crypto enthusiasts hoping this signals a potential shift in his perspective.

(Source：Crypto Briefing)