Cuomo: Blockchain's Real Breakthrough is Beyond Memecoins

Former New York Governor Andrew Cuomo believes that the true value of cryptocurrency lies not in speculative tokens but in modernizing financial markets through blockchain technology.

In an interview on Fox Business, Cuomo argued that tokenization could enable 24/7 markets, fractional ownership, and faster settlement. He also acknowledged that weak regulation and industry bad actors have damaged the reputation of the crypto sector.

Cuomo pointed to the potential of blockchain to fundamentally reshape capital markets by removing limitations associated with traditional financial systems. He highlighted tokenization as one of the most practical use cases for the technology, enabling international capital to flow into U.S. financial markets and making investing more accessible through fractional ownership.