Tokenization could TRANSFORM traditional banking infrastructure, CEO says

Abra CEO Bill Barhydt joins 'Mornings with Maria' to discuss the impact of the CLARITY Act on tokenization, whether crypto is becoming an asset class or its own financial system and his outlook for tokenization. 00:00 - The Clarity Act and the crypto race against China 01:05 - Abra's transition to crypto wealth management 02:26 - Why the U.S. needs explicit federal guidelines 03:32 - Is crypto an asset class or a new financial system? 04:24 - How tokenization replaces traditional banking rails 05:21 - Three ways tokenization will change your life Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness Follow Fox Business on Twitter: https://twitter.com/foxbusiness Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness