There's no conflict: Markets can remain irrational for a long time and they can certainly place a high value on notional nothing. This piece of cardboard is worth $500,000 https://www.pokevalues.com/card/illustrator-pikachu-japanese... but at least that is rare and has a cute pokemon on it.

If a company chooses to list its stock on a blockchain instead of the NASDAQ, then, sure that could have the same value as a traditional stock assuming it confers the same rights.