CFTC Chair Michael Selig says financial markets need to prepare for “mass tokenization” as blockchain, AI, on-chain finance and 24/7 trading reshape market infrastructure. The CFTC has already been exploring 24/7 trading and digital-asset derivatives, while stablecoins and tokenized assets continue to gain attention. The shift toward continuous, blockchain-based markets could have major implications for how trading, settlement and liquidity operate in the years ahead.
