According to CoinDesk, executives from Citigroup, JPMorgan and DTCC shared on Consensus 2026 in Miami that blockchain-based tokenization has moved beyond pilots into live production, driven by genuine client demand for round-the-clock money movement. Citi's tokenized deposit system has scaled from millions to billions in volume, while JPMorgan's Kinexys platform has processed more than $1 trillion in transactions. DTCC is working to bring portions of its $150 trillion securities infrastructure onto a shared digital layer. All three institutions stressed that tokenization will evolve rather than replace existing financial rails, with intermediaries remaining essential for risk management, compliance, and settlement.