Tokenization can transform US markets if Trump clears the way

Trump’s presidency offers a unique opportunity to transform US financial markets through tokenization, but success hinges on reimagining regulatory frameworks.

Opinion by: Alex O’Donnell, senior writer for Cointelegraph.

Tokenization can revolutionize the United States financial markets, but flawed rules have stymied adoption. Crypto-friendly President-elect Donald Trump has a historic chance to lead the way and change things. 

Ending America’s cryptocurrency crackdown is an excellent first step, but it doesn’t go far enough. For tokenization to thrive, Trump’s team — including his potential crypto czar and Commodity Futures Trading Commission chair — must reinvent old rules, combining the best aspects of traditional markets and decentralized finance (DeFi).

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