Tom Lee Says Tokenization Could Rewire the Entire Financial System

Tom Lee said blockchain technology could unlock new financial products while collapsing today's complex payment stack. He noted tokenized assets can be used as collateral and structured into derivatives without requiring traditional shareholder votes.
According to Fundstrat, a single credit card payment today can involve roughly seven separate regulatory and processing functions, which could eventually run on a single blockchain through smart contracts, making payments faster, cheaper, and more flexible.