Crypto news, Fidelity’s international APAC digital asset strategy strategist Giselle Lai said that the true value of tokenization lies in asset-liability management rather than just 24/7 liquidity. She noted at the Tokyo WebX conference that global institutions need to hold cash across multiple bank accounts to meet regulatory requirements, manage currency risk, and ensure they can meet demand. Tokenized assets may offer companies a more efficient way to manage assets and liabilities. Currently, tokenized money market funds have become the most popular tokenized product, supported mainly by US Treasuries, and they now manage more than $15 billion in assets. According to Grand View Research projections, the tokenization market is expected to reach $24.5 trillion by 2033, and some industry estimates suggest it could reach $8.8 trillion by 2035.