242-year-old bank warns of rising FOMO on Wall Street

Wall Street’s rush to tokenize trillions in assets isn't driven by innovation—it’s pure FOMO. Despite the hype around funds like BlackRock’s BUIDL, institutions are recklessly ignoring unresolved regulatory frameworks and the "opaque" risks of unregulated secondary markets just to get in early. This isn't a financial revolution; it’s a high-stakes reputation risk fueled by herd mentality. Are we witnessing the future of finance or just a dangerous, multi-billion dollar bubble?
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