From Traditional to Tokenized: The Future of Finance

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• 00:02

  Here's your money briefing for Friday, June 20th.

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  I'm Mariana Aspuru for The Wall Street Journal.

• 00:13

  Digital assets like Bitcoin and NFTs are being called a possible game changer for how we conduct traditional finance.

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  But we're still a few steps away before the old... can merge with the new.

• 00:27

  Important parts of the plumbing need to be adopted.

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  I think that we are at the point where that is technically possible.

• 00:35

  Five years ago, it was not technically possible.

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  I think that it's going to happen starting in the next 12 months,

• 00:42

  but the conditions have not been right for that to happen.

• 00:47

  That's Donald Wilson Jr. at the Wall Street Journal's Future of Everything Festival last month.

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  He's the CEO of trading firm DRW.

• 00:55

  He joined WSJ's deputy editor-in-chief to discuss how this convergence might happen and why everyday investors should pay attention.

• 01:05

  That's after the break.

• 01:26

  At the Future of Everything Festival in May,

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  Wall Street Journal Deputy Editor-in-Chief Charles Farrell spoke with DRW's CEO,

• 01:34

  Donald Wilson Jr., about the future of digital assets.

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  Today, we're bringing you that conversation.

• 01:40

  It's been edited down for time and clarity.

• 01:50

  I wanted to dive right in and get going with Don on a whole bunch of topics.

• 01:55

  And this is the future of everything.

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