From Traditional to Tokenized: The Future of Finance

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 20 June 2025

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

At The Wall Street Journal’s Future of Everything Festival, WSJ Deputy Editor in Chief Charles Forelle spoke with trading firm CEO Donald Wilson Jr. about the future of digital assets, the path to mainstream adoption, and what it means for the average investor. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
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0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
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0:21.8	FX is the bear.
0:23.1	New season streaming June 26th exclusively on Disney Plus.
0:27.3	18 plus subscription required, season C's apply.
0:32.9	Here's your money briefing for Friday, June 20th.
0:36.6	I'm Adriana Aspuru for the Wall Street Journal.
0:43.5	Digital assets like Bitcoin and NFTs are being called a possible game changer for how we conduct
0:50.0	traditional finance.
0:51.6	But we're still a few steps away before the old can merge with the new.
0:57.4	Important parts of the plumbing need to be adopted. I think that we are at the point where that
1:03.7	is technically possible. Five years ago, it was not technically possible. I think that it's going to
1:09.9	happen starting in the next 12 months,
1:13.2	but the conditions have not been right for that to happen.
1:17.6	That's Donald Wilson Jr. at the Wall Street Journal's Future of Everything Festival last month.
1:22.3	He's the CEO of trading firm DRW.
1:25.8	He joined WSJ's deputy editor-in-chief
1:28.5	to discuss how this convergence might happen
	...

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