Andrew Parish
๐ค SpeakerAppearances Over Time
Podcast Appearances
IF LARGER MARKETS ARE GOING TO MIRROR CRYPTO MARKETS IN THE FUTURE AND EVERYTHING IS GOING TO BE 24 7 TRADING 24 HOUR TRADING 7 DAYS A WEEK, ALWAYS ON, NEVER OFF.
it now becomes just a reality that you're going to have to get your hands on tools that are there for you while you sleep.
Your ability to affect transactions without emotion and to not get beat by institutional algorithms, you have to get your hands on it.
And that's where we're headed.
Well, I think it's New York Stock Exchange is a nice headline, right?
The NYSE, that's a brand that people recognize.
But the reality is the NYSE is owned by Intercontinental Exchange, which owns basically nearly all the exchanges, futures exchanges,
and nearly all the custody rails that exist in traditional finance.
So it's not just the NYSE that's making this announcement, it's Intercontinental Exchange and all the rails and levers that make nearly everything move in traditional markets are now going all in
on tokenization.
So it's nice that they are coming around, but the NASDAQ's already talked about it.
The NYC's talking about it.
Larry Fink's talking about it.
Jamie Dimon's talking about it.
And the SEC chairman won't stop talking about it.
right so so you have you know from the top down there's ongoing tokenization uh commentary that that won't stop um so it's going to happen it's going to happen quickly and the ripple effects that it's going to have through the financial system uh will be quick and uh it'll it'll it'll cut
It'll cut in a serious way that'll make meaningful changes to the financial space and system and the ecosystem.
One thing to think about, you know, I'm a big fan of Jeff Park, who's the CIO at your firm, right?
Fantastic guy, as smart a guy in the world of finance as I've come across, right?
So Jeff Park can stay up for 12 hours a day and do all the things associated with markets, right?