Fidelity Says Institutions Are Moving Toward Tokenization
Cointelegraph.com reported that Fidelity said tokenization offers structural advantages for financial institutions and can help asset managers reach new markets. The firm described a tokenized onchain future as a direction institutions are unlikely to reverse.
Cointelegraph.com reported that Fidelity said institutions are moving toward a tokenized onchain future. The firm’s head of digital asset strategists said tokenization offers structural advantages for financial institutions and can help asset managers reach new markets.
The comments framed tokenization as part of a broader shift in how institutions may use blockchain-based infrastructure for financial products and services.
Key Takeaways
- Cointelegraph.com reported that Fidelity said institutions are moving toward a tokenized onchain future.
- Fidelity’s head of digital asset strategists said tokenization offers structural advantages for financial institutions.
- Fidelity said tokenization can help asset managers reach new markets.
Context
Tokenization refers to representing assets on a blockchain or other distributed ledger. In financial markets, it is often discussed as a way to change how assets are issued, transferred and accessed by institutions and investors.
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