U.S. SEC Chairman Paul Atkins: Reconstructing assets, rules, and trust on-chain—Tokenization is reshaping financial markets Paul Atkins stated that tokenization means putting assets on the blockchain, allowing transaction clearing and settlement to occur on-chain, almost instantly, approaching a T+0 environment. In his view, one of the biggest risks in the financial system for a long time has been the time gap between the trade execution date and the clearing and settlement date. Therefore, enabling many financial instruments to achieve T+0 could bring significant positive changes to the entire market.