Anthony Scaramucci, CEO of investment firm SkyBridge Capital, highlighted on Monday inefficiencies in the existing financial system and its “resistance” to blockchain-based technologies such as tokenization.
Scaramucci Says Tokenization Facing Resistance
In an X post, Scaramucci shared a clip from last month’s Solana Breakpoint Conference, where he spotlighted the $4 trillion annual global cost of transaction verification, including credit card and wire fees.
“Big ideas always meet resistance—until they don’t,” he said. “If we can strip that out, we change the operating system of the global economy.”