Oliver Harris, JPMorgan's newly appointed blockchain chief, has expressed skepticism about the notion that tokenization alone can solve liquidity issues in finance. Speaking at a panel in Toronto, Harris emphasized that while tokenization is a significant development, it does not inherently enhance asset liquidity. As he takes charge of JPMorgan's Kinexys division, Harris plans to focus on expanding digital settlement infrastructure and advancing tokenization capabilities. Harris, who previously worked at Goldman Sachs and founded the startup Arda, highlighted the need for a comprehensive overhaul of financial systems to truly benefit from blockchain technology. He envisions a future where global settlement layers integrate money, assets, and data on a unified platform, potentially transforming market operations. Harris's return to JPMorgan comes amid increased investment by major banks in blockchain infrastructure, aiming to leverage faster settlement systems and tokenized assets to revolutionize global finance.