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Michael Saylor: Tokenization Will Transform the Entire Financial and Credit System

Founder Strategy, Michael Saylor, believes that the wave of financial asset tokenization will change the overall way credit pricing and yields are determined in the financial sector. Speaking on CNBC's Squawk Box program on Thursday (21/5), Saylor emphasized that this technology will be a direct challenge ready to impact traditional banking and brokerage businesses (TradFi). According to him, the main strength of tokenization is creating full freedom for asset owners to determine their own capital value without barriers.
​Saylor criticizes the old banking system, which is considered rigid because it holds absolute control over customer funding. Through security tokenization on blockchain networks, investors can now freely hunt for the best credit and highest yields in the global market. This view jumps far beyond the standard narrative of real-world asset (RWA) tokenization, which usually only discusses liquidity issues 24/7 or the speed of stock transaction clearing.
​This statement arises as market players are monitoring the Clarity Act bill in Congress, which is expected to become an official legal umbrella to fully bring RWA assets into the on-chain ecosystem. On the other hand, the crypto industry is also waiting for regulatory clarity from the SEC so that token-based securities trading can run in parallel on mainstream exchanges.