Investigation: 84% of financial institutions list tokenizing assets as a strategic priority

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Gilded Finance reports that on July 19, a latest survey by service provider Broadridge showed that 84% of financial institutions have already identified asset tokenization as a strategic priority, and most of them believe the technology will reshape financial markets within five years. This survey of 200 North American financial services executives indicates that the financial industry is moving from the experimental stage 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 simplify settlement processes, reduce operating costs, and support 24/7 trading. Broadridge noted that despite the industry’s strong 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, while 69% of institutions plan to integrate tokenization technology into existing infrastructure rather than building standalone on-chain systems.
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