Crypto’s place in mainstream finance is likely to widen, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo said, tying that outlook to Wall Street’s use of digital network systems.
Giancarlo framed the shift as a change to finance’s underlying infrastructure and said digital assets would reach more parts of the financial system. He has previously described tokenized money as an irreversible shift and forecast that all securities issuance would be tokenized by 2036.
Fundstrat founder Tom Lee has made a related argument, saying Wall Street tokenization and blockchain settlement could shape crypto’s next cycle, as EconoTimes previously reported.
