Circle CEO Jeremy Allaire at Davos Tokenization Panel: ‘It’s Coming on in a Significant Way’

Circle CEO Jeremy Allaire at Davos Tokenization Panel: ‘It’s Coming on in a Significant Way’

Jeremy Allaire, CEO of Circle, the stablecoin company, stated that tokenization adoption will keep growing after the spot Bitcoin ETF approval and the endorsement of Blackrock. He believes that financial companies might be issuing tokenized versions of their assets this year and criticized the “same activity, same rules” regulatory principle.
Circle CEO Jeremy Allaire States Tokenization ‘Is Coming’ at Davos
Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, stated that the tokenization of assets will be a part of the evolution of financial companies this year. Tokenization tech, which involves creating a digitized version of an asset and putting it into a blockchain, is likely to grow this year due to its benefits versus traditional finance processes.
At a panel titled “The Tokenization Economy,” Allaire highlighted that the endorsement of Larry Fink, CEO of Blackrock, one of the world’s largest asset managers, on tokenization tech means that it is poised

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