Tokenisation Seen as Strategic Priority for Financial Firms, Broadridge Survey Finds | LeapRate
Tokenisation has moved beyond an exploratory concept and is now viewed as a strategic priority by financial institutions preparing for a future where digital and traditional assets coexist, according to Broadridge Financial Solutions’ inaugural Tokenization Pulse Survey.
The firm revealed that the survey found that 84% of firms consider tokenisation strategically important to their organisation, while 68% believe it will partially reshape financial markets within the next three to five years.
Around 69% of firms plan to hybridise existing infrastructure rather than build entirely separate systems, and 92% expect digital and traditional assets to coexist for the foreseeable future.
Nearly a third of respondents reportedly plan to increase tokenisation investment by 26% to 50% or more over the next two years.
German Soto Sanchez and Mark Nichols, Co-Presidents of Digital Assets at Broadridge, said there is “clear recognition that tokenization has the potential to reshape how assets are issued, traded, financed, and serviced” across the industry, adding that the results highlight both the opportunities and challenges firms face in connecting digital and traditional assets.
The report is also said to have found capital markets firms are leading implementation efforts, while asset managers and wealth managers continue building capabilities.
Public market funds appear to be among the leading areas of early adoption, with 80% of respondents expecting tokenised mutual funds and money market funds to play a meaningful role within five years, compared with only half expecting similar progress for equities.
Among capital markets firms, market infrastructure developments and institutional demand were cited equally as the top sources of urgency, while asset managers placed greater emphasis on infrastructure developments, followed by broader market momentum.
