It's the end game for sure. The whole ICO utility token thing we've seen over the past couple years has just been an intermediary step while companies navigate

It's the end game for sure. The whole ICO utility token thing we've seen over the past couple years has just been an intermediary step while companies navigate the regulations. The idea is that stock certificates, and the Depository Trust Company will be replaced by block chain tokens and dividends would be paid directly to the holder on the block chain. When he says it makes sense for everyone with a cap table to have their own token that is what he is talking about he isn't suggesting that every company in the world should jump on the ICO bandwagon. There are a bunch of companies pursuing this right now Coinbase is one, that's why they bought a broker dealer. Overstock / tZero is another.