A wave of regulatory and institutional momentum around tokenization is reshaping the crypto narrative in the United States. Even long-time critics like JP Morgan CEO Jamie Dimon now champion blockchain rails. On TheStreet Roundtable, industry leaders argue that tokenization marks a structural shift for U.S. markets, though not the explosive catalyst some expect. Melker highlighted the irony as the CFTC launches a pilot program allowing tokenized assets as collateral. JP Morgan recently announced it would accept Bitcoin and Ethereum as collateral, matching the CFTC’s move. SEC Chair Paul Atkins predicts all U.S. markets will be on blockchain within two years. Some panelists are skeptical but enthusiastic about this claim. Arch Public co-founder Andrew Parish sees tokenization as more of a talking point than a revolution, emphasizing incremental improvement. Holloway noted XRP’s absence from the CFTC collateral pilot was likely intentional. The move delays Ripple’s ambitions in providing institutional-grade collateral rails through partner Hidden Road. Eleanor Terrett of Crypto America noted regulators seem increasingly comfortable engaging with blockchain after closing high-profile investigations on Ondo Finance. Despite skepticism about hype, the panel agrees the CFTC pilot and Wall Street’s tokenization pivot represent major structural change. Holloway sees potential for a holiday run with these developments.

Read more at Yahoo Finance: Arch Public co-founder says tokenization is ‘just a talking point’ now