Peter Kerstens

Very impressive and important speech by @EU_Commission Commissioner Maria Luis Albuquerque at the Blockchain for Europe conference: "For me, tokenization is about rebuilding the machinery of finance. DLT and tokenization may well become the new operating system of financial markets. Imagine: - A Bulgarian small business raising funds from thousands of micro-investors as easily as large firms issue bonds. - Settlement taking seconds, not days. - Capital markets - traditionally reserved for the few - open to all Europeans. This is about the democratisation of finance, meaning that participation as investors is not limited to the affluent few, but available to all with little to no entry costs. But it can also make markets deeper, more liquid, more accessible, and more globally competitive." The EU has an enormous opportunity to jump start the modernization of its financial system, and finally achieve their longstanding goal of an integrated European capital market and banking union. The Commissioner's vision in seeing this opportunity is impressive and to be commended. 🇪🇺🇪🇺🇪🇺