S&P Global Executive Predicts Tipping Point for Crypto, Says Tokenization of Everything Coming to Financial Markets

A top executive at market intelligence giant S&P Global says the mass tokenization of traditional assets is fast approaching, thanks to crypto technology.

In a new interview on Scott Melker’s YouTube channel, Chuck Mounts, the firm’s head of DeFi, says he believes all assets will eventually be tokenized in the long term.

Mounts says S&P, which has more than $8 billion in annual revenue, is positioning itself for such a trend to unfold.

“We believe the tokenization of everything is going to happen. Who can predict the exact twists and turns on the road to that? But in the meantime, we want to make sure our organization is positioned to provide the services and products needed to illuminate the risks in the industry and allow shareholders to make informed decisions…

In the long term, we think the tokenization of everything will happen, but in the area from purely centralized to purely decentralized, my personal opinion is that we are still going to end up in a mixed space.”

Mounts predicts a major inflection point for crypto sometime in the next year, with institutional investors starting to flood the space once they get regulatory clarity.

“I think [the industry] is going to change in the next period, whether it’s one quarter or two quarters or four quarters, I think it’s going to start to change quite quickly as the major players have invested human and financial capital to build capabilities, and now as we are on the verge of getting some stablecoin legislation in the US, I think it will prove to be a tipping point that allows those who have already invested in their capabilities to start executing and really scale their execution.”

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