Tom Lee: Ethereum Could Reach $50K This Cycle | TOKEN2049

Tom Lee, Chairman of BitMine Immersion Technologies and Co-Founder and Head of Research at Fundstrat Global Advisors, joins Open Interest by Ondo for a wide-ranging discussion on Ethereum, tokenization, artificial intelligence, and the next crypto cycle. Lee explains why he believes Ethereum is significantly undervalued and could reach $25,000 to $50,000 during this cycle. He also discusses why institutional adoption could make this cycle larger than those that came before it, the potential disruption facing traditional financial institutions, and how tokenization could reshape global markets. The conversation also covers: • Why Lee believes the AI market is far from its peak • The $200 trillion global pool of liquid assets • Ethereum as a future settlement rail • The growth of institutional crypto products • Tokenization’s impact on banking and asset management • Why financial institutions need an onchain strategy Chapters: 00:00 Asia and the return of the bull market 01:05 What traditional institutions still do not see 02:04 The $200 trillion global market 03:33 Moving traditional capital onchain 04:15 What crypto needs to mature 05:31 Is artificial intelligence in a bubble? 06:52 Comparing AI with the internet cycle 08:18 Why the AI peak may still be years away 09:04 The Ethereum investment thesis 10:17 Could Ethereum reach $50,000? 11:01 Why this crypto cycle could be different 12:08 Bringing institutional capital onchain 12:39 The opportunity for tokenized assets 13:50 How tokenization could disrupt banking 15:18 The financial system in ten years 17:03 An existential decision for Wall Street 18:04 Why institutions still underestimate crypto Recorded at Open Interest by Ondo during TOKEN2049 Singapore. The views expressed are those of the speakers and are provided for informational purposes only. Nothing in this video constitutes financial or investment advice.