According to Don Wilson, founder and CEO of trading firm DRW, Wall Street firms may accept blockchain technology, but they will not accept the current fully transparent form. Wilson stated at the Digital Asset Summit that institutions will not publish all their trades on the chain because they believe doing so violates fiduciary duty and poses risks to trading strategies. He emphasized the need for privacy and controllable visibility, citing issues such as front-running. He pointed out that although the trend of asset tokenization is growing, large-scale adoption is more likely to occur on private, permissioned networks rather than on public chains like Ethereum.

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