πΊπΈ THE FORMER PRESIDENT OF THE NYSE JUST SAID U.S. EQUITIES WILL RUN ON BLOCKCHAIN RAILS
@ThomasFarley, now CEO of
@Bullish and former
@NYSE President:
x.com/CoinDesk/status/206256β¦
"U.S. equities, global equities, fixed income securities are going to run on blockchain rails. Settlement will be immediate."
But his most important point is the one getting least attention:
"Not having all sorts of synthetic Nvidia tokens where this person issues an IOU and this one a contractual right. Allowing the issuer to decide themselves β NVIDIA says my stock is the token."
One issuer. One token. No synthetic versions. No IOUs. The actual stock is the blockchain asset.
Immediate settlement. Full disclosure controls. All the functionality of traditional markets plus everything the traditional world cannot do.
The man who ran the New York Stock Exchange says this is not a question of if. It is a question of how many years.