SEC Chair Paul Atkins has projected that U.S. markets might transition to a fully on-chain system within the next two years. Atkins highlighted tokenization as a key method for modernizing asset ownership and minimizing settlement risks. This shift is supported by increasing on-chain data and analysis, with companies like Ondo planning to introduce tokenized U.S. stocks and ETFs on Solana by early 2026. The SEC's endorsement of market modernization comes as major financial institutions begin testing tokenization under current regulatory frameworks.