On today's Talking Tokenization, Jacquelyn sits down with Andrew McCormick, Head of Institutional and Market Development at Chainlink Labs, to explore how banks, retail brokers and traditional financial institutions are moving deeper into tokenization and why simply putting assets onchain is no longer enough. Andrew explains why institutional conversations have shifted from “what is a blockchain?” to “how can we plug in?” as well as why large Wall Street banks are increasingly exploring DeFi, and how retail brokers that aren't offering tokenized assets by 2030 could be left behind. They also discuss why tokenized equities could become a breakout category, how programmable collateral can make tokenized assets more useful, and how Chainlink is expanding beyond its origins as an oracle network to support data, interoperability, privacy, compliance and financial infrastructure.Plus, Andrew breaks down why crypto price matters less in institutional conversations today, what DTCC's move into tokenized securities could mean for TradFi-DeFi convergence, and why collateral may be one of the biggest unlocks for the next phase of onchain finance.Timestamps:01:56 How Andrew defines tokenization02:32 How the meaning of tokenization has changed03:06 What “institutional” means at Chainlink04:11 How institutional adoption changed in 202605:48 How banks are changing their view of digital assets07:19 Chainlink's evolution beyond oracles08:37 How Chainlink positions itself with financial institutions09:19 Institutional demand behind the scenes10:30 How long institutional partnerships take11:59 Which financial firms are moving fastest?13:06 Will every retail broker offer tokenized assets?13:32 How early is tokenization today?14:13 Could public equities move fully onchain?15:07 Could stocks eventually function like cash?15:39 Rebuilding financial workflows with blockchain17:15 Why institutions may have no choice but to follow18:32 Which tokenized asset category breaks out next?19:41 Why retail matters as much as institutions22:26 Why Wall Street is increasingly interested in DeFi24:09 What's driving institutions toward DeFi24:54 Why putting assets onchain isn't enough25:54 What Chainlink's institutional partnerships reveal27:43 Do institutions trust crypto more now?28:48 Why crypto prices matter less to institutions29:37 How TradFi and DeFi could converge30:07 What DTCC tokenization could unlock31:35 Chainlink as financial infrastructure32:31 The next catalyst for tokenization33:29 From crypto skeptic to blockchain believer35:23 Why collateral could be the next major unlock36:13 Andrew's adviceNew episodes every week https://open.spotify.com/show/0LOgWxIQ0NnNUD5eXsSuoZhttps://podcasts.apple.com/us/podcast/talking-tokens/id1743669141Follow us Jacquelyn on X: /jacqmelinek Talking Tokens on X: /_talkingtokens Talking Tokens on Instagram: /_talkingtokens Follow Andrew McCormickhttps://www.linkedin.com/in/andrew-mccormick-70662b88This episode is sponsored by Securitize, the proven leader in tokenized funds, equities, and private markets. Discover more at securitize.io Note: This podcast is for informational purposes only. Views shared are opinions, not financial advice. The host or guests may have financial interests in discussed content.

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