A recent survey by fintech services provider Broadridge shows that 84% of financial institutions have identified asset tokenization as a strategic priority, and most of them believe the technology will reshape financial markets within five years. The survey of 200 North American financial services executives indicates that the financial industry is moving from an experimental phase with blockchain technology to practical deployment, by converting real-world assets such as stocks, bonds, funds, and real estate into on-chain digital tokens to streamline settlement, reduce operating costs, and support trading around the clock. Broadridge said that despite strong industry enthusiasm, these companies generally prefer digital assets to coexist with traditional assets: 92% of respondents expect both to live together in the foreseeable future, while 69% of institutions plan to integrate tokenization technology into existing infrastructure rather than build independent on-chain systems. (CoinDesk)

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