According to Bill Tai, venture capitalist and entrepreneur Bill Tai, company stocks will include real estate and other assets that can be turned into non-fungible tokens.

CNBC’s Arjun Shahpal was told Wednesday by the tech investor that it “is going to happen” as well as “not even an question.”

Tai explained that it’s just a matter of time when it happens at scale at Crypto Finance Conference, St. Moritz in Switzerland.

The NFTs can be sold and bought online as “one-of a kind” digital assets. The NFTs can be used to demonstrate that someone is the owner of an exclusive virtual asset, like online photos and even trading cards. It is currently not known why an NFT would allow someone to purchase a stock.

In the past year, there have been a lot of items that were converted into NFTs. All things, from Jack Dorsey’s first tweet to the source code for the internet, have been turned into NFTs.

However, some are unsure why these non-tangible assets sell for such high prices. Beeple (South Carolina graphic designer, real name Mike Winkelmann) sold his non-tangible assets in March. sold an NFT for a record $69 millionChristie’s auction. An auction will be held in June. NFT of the web’s source code sold for $5.4 million.

DappRadar data published Tuesday by market tracker DappRadar shows that total NFT was shown. sales hit $25 billionIn 2021, the popularity of speculative cryptoassets exploded. NFTs were also sold by Gucci, Coca-Cola, and Gucci.

Tai has been involved in investments in companies like Zoom and Scribd and is concerned about an NFT bubble. However, he said that he believes more and more items will be converted into NFTs with the web moving from Web 2.0 to Web 3.0.

He said that Web 1.0 was only read-only. Web 2.0 can be read-only. Web 3.0 contains a wrapper for everything coming into and leaving that screen. It allows the computer to move. This is an internet of assets.

You can add land titles, real property, art and drawings to them, he said. He also explained that every item can be given an address, which allows others to search it on a market. It’s the best way to transfer ownership over time of any asset.

Tai, like many NFT supporters, is interested in cryptocurrency. Tai described Monday’s crypto crash that caused bitcoin to drop by $40,000, but said it was “yet again,” and he is optimistic the cryptocurrency market will rebound.

He said that although cryptocurrencies may not be widely accepted by institutions, he did know the date.

CNBC spoke with the Seba Bank CEO. bitcoin’s price could nearly double to $75,000It will be more popularized by institutional investors this year.

The boss of the Swiss bank, which focuses on cryptocurrency, stated that “our internal valuation models indicate an price right now between $50,000 to $75,000.” I’m confident that we will reach this level. It’s always about timing.