Here’s why Wall Street suddenly obsessed with tokenization – but on its own terms

Wall Street spent years talking about tokenization, but never seemed to move beyond vague plans and pilot projects. This week, however, we’ve seen a culmination of various efforts and incentives that showed it’s finally taking things seriously. BMO said it plans to launch tokenized cash capabilities with CME Group and Google Cloud for real-time payments and round-the-clock margin activity. Nasdaq already has SEC appr…