Tokenization Accelerates as Major Institutions Embrace Onchain Finance
Finance is undergoing a quiet revolution as tokenization—once a fringe concept—gains mainstream traction. MoonPay president Keith Grossman notes the shift is happening faster than anticipated, with BlackRock, Franklin Templeton, and major banks now deploying tokenized products for real clients. Regulatory clarity has become the catalyst, unlocking institutional participation that was previously hesitant.
The movement mirrors the early days of digital media disruption—a comparison Grossman draws from his two decades in that industry. Bank of America’s recent declaration of a multi-year onchain future WOULD have seemed radical just years ago. Today, it reflects consensus among Citi, JPMorgan Chase, and other incumbents racing to claim territory in this new asset architecture.
