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Jinse Finance reported that Citi Securities Services has released its latest white paper, based on a survey of 537 market participants. The survey shows that respondents expect about 10% of trading volume to be tokenized by 2030, with custodians seen as a key driving force for tokenization. The survey points out that 63% of institutions expect to use multiple blockchains simultaneously by 2030 and believe that custodians can enable cross-chain connectivity. However, this preference may change in the future. Citi's annual survey shows that the market's view of digital asset classes is undergoing significant changes. Last year, respondents believed that nearly 60% of the fastest-growing digital assets by 2030 would be tokenized private/alternative assets and cryptocurrencies.

Jinse Finance reported, citing sources from The Wall Street Journal, that U.S. Treasury Secretary Bessent plans to conduct a series of intensive interviews with Federal Reserve chair candidates starting Friday. According to sources, the interview process will continue into next week, with Bessent meeting candidates either in person or via video conference. According to Bessent and his advisors, there are currently 11 shortlisted candidates, including Federal Reserve Governors Waller and Bowman, National Economic Council Director Hassett, and former Federal Reserve Governor Walsh. After the interviews, Bessent will submit the final list of recommended candidates to Trump. Bessent previously stated that he would begin the selection process for the next Federal Reserve chair shortly after Labor Day.