Michael Saylor told CNBC's Squawk Box that tokenization will create a free market for yield and credit, challenging traditional banks. Strategy has raised over $1.5B via its STRC program.

Bitcoin evangelist Michael Saylor told CNBC's "Squawk Box" tokenization will pose a direct challenge to traditional banking and brokerage businesses.

Michael Saylor told CNBC's Squawk Box that tokenization will create a free market for yield and credit, challenging traditional banks. Strategy has raised over $1.5B via its STRC…