Executives from major Wall Street financial institutions including Citigroup, JPMorgan, and DTCC attended Miami Consensus 2026 and stated that blockchain-based tokenization technology is quietly moving beyond the pilot stage and entering the commercialization phase. According to CoinDesk, they said during a panel discussion, "We believe that tokenization will not destroy bank transaction systems but rather improve them." They added, "Blockchain-based systems are actively operating, shaping how the technology is deployed through actual volume and customers. While tokenization may not replace systems overnight, it is steadily reshaping their underlying infrastructure."