The thing about innovation in financial markets is they're always building on what has come before. It's a natural process.

I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

The middle and working classes are paying the debt that the financial markets created.

Our economy is increasingly dependent on the success and integrity of the financial markets.

Developments in financial markets can have broad economic effects felt by many outside the markets.