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JPMorgan senior executives have announced: Tokenization will fundamentally transform the fund industry, and ETFs are irreversible! Tokenization will trigger a market revolution; ETFs are just the beginning! Ciarán Fitzpatrick, Global Head of ETF Products at JPMorgan Securities Services, recently stated: "Undoubtedly, tokenization will drive market transformation, and this is not just about ETFs but the entire fund industry." This statement has sparked widespread attention, marking further acceptance of blockchain technology by the traditional financial system.
Tokenization brings unparalleled convenience and efficiency. Fitzpatrick further pointed out that tokenization has enormous potential, especially in easier subscription and redemption, near-instant settlement, and 24/7 access. The implementation of tokenization will completely change the way traditional financial markets operate.