🏛️ FORMER SEC COMMISSIONER PREDICTION: ENTIRE US MARKET WILL MOVE TO BLOCKCHAIN IN 2 YEARS
Paul Atkins, former Commissioner of the US Securities and Exchange Commission (SEC), in an interview with Fox Business:
1. 💎 Tokenization is the Future of Capital Markets
He emphasized that putting securities on the blockchain will help achieve more transparent ownership. Tokenization solves the problems of complexity, settlement time, and inefficiency of the traditional financial system
2. ⏱️ The “2-Year” Timeframe and Synchronization
Mr. Atkins predicts that in about 2 years, all markets in the US will move to operating on the blockchain, achieving on-chain settlement
3. 🚀 Impact on the Crypto Market
Supporting RWA: Increasing confidence in pioneering projects in the RWA space such as Ondo Finance (with the NVDAon token) and protocols such as Aave Horizon and Avalanche (which are tokenizing entertainment IP)
Promoting the Application Layer (L1/L2): Growing demand for high-speed, low-cost, and institutional-friendly blockchains (such as Ethereum, Base, Solana, and Avalanche) to underpin securities settlement and operations
