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.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
GateUser-2fce706c
· 6h ago
I've said it long ago: tokenization is a sure thing. If you're only realizing it now, you're already late. On-chain settlement will be fully rolled out within two years. This is really a once-in-a-lifetime opportunity—we need to seize the initiative.
View OriginalReply0
FloorPriceWatcher
· 15h ago
Fully on-chain in two years? Atkins is being a bit too optimistic, isn't he?
---
Tokenization transparency? Let's open up the current black boxes first.
---
Haha, even the SEC Chair is hyping up blockchain now. This batch of regulators is really hopeless.
---
Settlement directly on-chain... I'll believe it if the costs can really be cut in half.
---
If everything moves on-chain, all those still hyping up concepts will be done for.
---
Two years? I'll bet five bucks it'll flop before two years are up.
---
Definitely aggressive, but it really hits traditional finance's pain points.
---
As for transparency, being on-chain doesn't necessarily mean it's truly transparent.
---
Atkins' comments basically set the direction—short-sellers must be getting nervous.
---
If the US market really gets moving, that'll be a true game-changer.
View OriginalReply0
FUD_Whisperer
· 12-06 05:49
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?
View OriginalReply0
RektRecorder
· 12-06 05:41
Fully on-chain in two years? Haha, this guy must be dreaming.
View OriginalReply0
GasFeeCrybaby
· 12-06 05:34
Fully on-chain in two years? Haha, this guy probably has no idea how hard the Wall Street big shots resist.
View OriginalReply0
RektRecorder
· 12-06 05:32
Two years fully on-chain? This guy Atkins is really daring with his statements, seems pretty optimistic.
View OriginalReply0
CoffeeNFTs
· 12-06 05:29
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.