Will Blockchain’s Move Into Finance ‘Take Decades To Take Shape’?
As blockchain technology gains traction in traditional finance, Anthony Rousseau, TradeStation‘s vice president and head of brokerage solutions, shared his thoughts on the complexities of merging these systems. In a pre-event interview for the upcoming Benzinga Future of Digital Assets conference, Rousseau detailed the careful process of integrating blockchain within long-established financial structures.
A Careful Transition for Traditional Institutions
Rousseau, who previously worked with State Street’s digital assets strategy team, described how traditional financial institutions are cautious in their approach to blockchain.
“Large financial institutions prioritize identifying and mitigating threats to their current structures while adapting new industries to fit within existing regulatory frameworks,” he explained. He noted that the demand …