Tokenization seen as path to real-time stock settlement

[johnblockbuster]

Tenev said US stock settlement has improved since 2021, falling to one day, but remains too slow, especially around weekends. He argued that moving equities on-chain would allow stocks to benefit from blockchain’s real-time settlement properties, eliminating delays that strain the financial system.

With exchanges like the NYSE exploring tokenized stock platforms, Tenev said adoption is inevitable if regulatory clarity emerges. He pointed to growing support from the SEC and Congress’s CLARITY Act as an opportunity to establish rules that could help avoid future trading restrictions and market disruptions.

[madmax]

“inevitable if there’s clarity” is classic ceo speak lol. basically: we’re coming, whether the rules are ready or not.