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Wall Street will run entirely on the blockchain by 2030, says Brickken CEO
Key takeaways
- The line between traditional finance (TradFi) and crypto is disappearing, with tokenization consistently a dominant narrative of the digital asset industry for a number of years.
- Edwin Mata, CEO and founder of tokenization platform Brickken, projects that Wall Street will run entirely on blockchain technology by 2030.
- "The merge between Wall Street and technology is going to dissipate," Mata said in an interview.
The line between traditional finance (TradFi) and crypto is disappearing, with tokenization consistently a dominant narrative of the digital asset industry for a number of years.
Edwin Mata, CEO and founder of tokenization platform Brickken, projects that Wall Street will run entirely on blockchain technology by 2030. Mata told CoinDesk that tech industry buzzwords like "Web3" are fading as major banks adopt the technology for standard financial plumbing, such as settlements and payments.
"The merge between Wall Street and technology is going to dissipate," Mata said in an interview. "We're not going to talk anymore about blockchain. It's merging into fintech."
Article preview — originally published by CoinDesk. Full story at the source.
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