Brickken CEO Says Wall Street Could Be Fully Onchain by 2030

Brickken CEO Edwin Mata told CoinDesk he expects Wall Street to run entirely on blockchain infrastructure by 2030 as tokenization becomes part of mainstream finance. He also warned that EU rules may make it harder for smaller crypto startups to compete.

Brickken CEO Says Wall Street Could Be Fully Onchain by 2030

What happened?

Brickken CEO Edwin Mata told CoinDesk he expects Wall Street to run entirely on blockchain infrastructure by 2030 as tokenization becomes part of mainstream finance. He also warned that EU rules may make it harder for smaller crypto startups to compete.

Why it matters

Edwin Mata, CEO and founder of tokenization platform Brickken, told CoinDesk that he expects Wall Street to operate entirely on blockchain technology by 2030. Mata said the language around “Web3” and blockchain may fade as major financial institutions use the technology for payments, settlement and other core market infrastructure.

Edwin Mata, CEO and founder of tokenization platform Brickken, told CoinDesk that he expects Wall Street to operate entirely on blockchain technology by 2030. Mata said the language around “Web3” and blockchain may fade as major financial institutions use the technology for payments, settlement and other core market infrastructure.

The prediction matters because tokenization has become one of the main bridges between traditional finance and crypto. Instead of treating blockchain as a separate industry, Mata argued that the technology is being folded into fintech, with banks and asset managers using it as a back-end system for financial products and records.

CoinDesk noted that institutional interest in tokenized real-world assets has grown alongside moves such as BlackRock’s BUIDL fund. It also pointed to Bullish’s $4.2 billion acquisition of transfer agent Equiniti, a deal focused on shareholder recordkeeping and issuing shares directly onchain rather than through synthetic digital wrappers. Bullish is CoinDesk’s parent company.

Mata said the next phase of tokenization may be shaped by software automation. Brickken, based in Barcelona, has helped bring $500 million of real-world assets onchain and is integrating AI agents to automate asset onboarding and liquidity sourcing for its 200 clients, according to the report. Mata also predicted that chat prompts could replace traditional dashboards as AI tools handle more of the work behind financial yield discovery.

The Brickken founder was more critical of Europe’s regulatory direction. He said the EU’s MiCA framework risks favoring large legacy institutions by making compliance expensive and slow for startups, and suggested some smaller companies could look instead to markets such as the UAE and Southeast Asia. Mata said he expects the U.S. to remain a leading center for crypto innovation because of the scale of its capital markets.

Source: CoinDesk

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