A latest survey by financial technology services provider Broadridge shows that 84% of financial institutions have already made asset tokenization a strategic priority, and most of them believe this 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 the experimental phase of 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 round-the-clock trading. Broadridge noted that despite the industry’s growing enthusiasm, these companies generally prefer to have digital assets coexist with traditional assets; 92% of respondents expect the two to coexist in the foreseeable future, and 69% of institutions plan to integrate tokenization technology into existing infrastructure rather than building separate on-chain systems. (CoinDesk)