Paul Atkins, the new chairman of the US SEC, recently made a rather bold prediction in an interview with Fox Business: he believes that tokenization will be an inevitable trend in the capital markets.
According to him, moving securities assets onto the blockchain can make ownership more transparent and clear. Even more radically, Atkins predicts that in about two years, all types of markets in the US may fully transition to on-chain operations, with settlements being completed directly on the blockchain.
If this really happens, the entire infrastructure of traditional finance may have to be completely reshuffled.
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FUD_Whisperer
· 18h ago
Two years for full on-chain? Keep dreaming, haha. How long do you think it will take for those traditional finance folks to accept it?
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RektRecorder
· 19h ago
Fully on-chain in two years? Haha, this guy must be dreaming.
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GasFeeCrybaby
· 19h ago
Fully on-chain in two years? Haha, this guy probably has no idea how hard the Wall Street big shots resist.
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RektRecorder
· 19h ago
Two years fully on-chain? This guy Atkins is really daring with his statements, seems pretty optimistic.
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CoffeeNFTs
· 19h ago
Fully on-chain in two years? This guy Atkins is really bold to say that, those Wall Street old-timers are going to freak out.
Paul Atkins, the new chairman of the US SEC, recently made a rather bold prediction in an interview with Fox Business: he believes that tokenization will be an inevitable trend in the capital markets.
According to him, moving securities assets onto the blockchain can make ownership more transparent and clear. Even more radically, Atkins predicts that in about two years, all types of markets in the US may fully transition to on-chain operations, with settlements being completed directly on the blockchain.
If this really happens, the entire infrastructure of traditional finance may have to be completely reshuffled.