Chairman of the U.S. House Financial Services Committee: Tokenization has transformed from a "concept of the future" into reality

According to CoinDesk, French Hill, the chairman of the U.S. House Financial Services Committee, stated that tokenization has shifted from being viewed as a "futuristic" concept during the discussions of FIT21 and the CLARITY Act to a reality that is happening in real-time.

He said, "We may really be tokenizing an asset like a real security— in fact, we are doing that right now."