Citrini Research favors AAVE, UNI, ETHFI, PENDLE, and ONDO in tokenization bet

Citrini Research has a new thesis, and it isn’t “just buy Bitcoin.” The firm’s latest report argues that the real money in crypto’s next chapter may flow to the plumbing, not the headline assets. Its picks include Aave (AAVE), Uniswap (UNI), ether.fi (ETHFI), Pendle (PENDLE), and Ondo (ONDO). The firm frames them as better positioned to capture value from tokenized stocks, bonds, and loans than a portfolio that simply rides Bitcoin (BTC) or Ethereum (ETH). Inside “Breaking The Wall” The report, titled “Breaking The Wall,” was published on October 8, 2026. It runs 79 pages. Its central argument is that two forces are converging. The first is tokenization, which means turning traditional financial assets into tokens that live on a blockchain. The second is agentic AI, meaning software agents that can act and transact on their own. The firm frames tokenization as a path to 24/7 programmable finance. Put simply, assets that trade around the clock and follow coded rules, rather than waiting for a market to open on Monday. If that world arrives, Citrini sees the biggest opportunity in fee-generating platforms and infrastructure providers. The report puts particular emphasis on the rails ...