According to @simplykashif, Jamie Dimon said technology has always helped serve clients better and that tokenization will follow the same path, with blockchain set to play a bigger role in the finance sector (source: @simplykashif on X, Dec 9, 2025, video). This stance aligns with JPMorgan’s live tokenization initiatives, including the first Tokenized Collateral Network transaction using tokenized money-market fund shares with BlackRock and Barclays in October 2023 (source: JPMorgan press release, Oct 11, 2023). Regulators are advancing similar pilots, such as MAS Project Guardian’s expansion to test tokenized bonds, funds, and collateral workflows with more global banks (source: Monetary Authority of Singapore press release, Nov 15, 2023). For traders, these verified institutional developments underpin the RWA/tokenization narrative and justify monitoring liquidity, volumes, and new bank-led tokenization announcements for near-term catalysts (source: JPMorgan press release, Oct 11, 2023; Monetary Authority of Singapore press release, Nov 15, 2023).