Goldman Sachs trader Mark Wilson has highlighted the increasing potential of blockchain technology to transform capital markets, as reported by PANews. Wilson noted the significance of Galaxy Digital's pioneering stock tokenization in the U.S., which he believes is a global first. He emphasized that this development could have a substantial impact on the structure of capital markets.
Wilson also pointed to Nasdaq's investment in Gemini and BlackRock's plans to tokenize ETFs as indicators of blockchain's growing influence. He suggested that the migration of traditional financial infrastructure to blockchain is becoming more likely, with tokenized securities moving from proof-of-concept to mainstream application. The involvement of major Wall Street institutions is expected to facilitate the widespread adoption of this technology.
Goldman Sachs Highlights Growing Role of Blockchain in Capital Markets
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