SEC Chair Foresees Rapid Tokenization Shift as $68T Legacy Markets Face Disruption
The US equity market's $68 trillion valuation stands in stark contrast to the mere $670 million currently tokenized on-chain. This gap has become a focal point for regulators and institutional investors alike.
SEC Chair Paul Atkins' recent comments signal a dramatic shift in regulatory posture. His prediction of blockchain-based settlement becoming central to US markets within "a couple of years" suggests an accelerated modernization timeline that could leave traditional infrastructure obsolete.
Bitwise CIO Matt Hougan's comparison underscores the seismic potential of this transition. The current tokenized equity footprint represents just 0.001% of total market capitalization - a rounding error with explosive growth potential.