MoonPay President Predicts Tokenization Will Reshape Finance Faster Than Digital Media Disruption
Keith Grossman, president of crypto payments firm MoonPay, asserts that asset tokenization will transform global finance more rapidly than digital technology transformed legacy media industries. His comments reflect growing institutional confidence in blockchain-based financial infrastructure.
"While digitization forced media evolution, tokenization will force financial evolution," Grossman stated, citing BlackRock's tokenized funds and Franklin Templeton's blockchain-based money market funds as evidence of accelerating adoption. Major banks are already piloting onchain settlement systems and tokenized deposits.
The real-world asset (RWA) sector excluding stablecoins now boasts a $19 billion market cap according to RWA.XYZ. Traditional financial institutions face inevitable adaptation—mirroring the digital transition that reshaped media companies in the late 1990s.