Markets & Economy
Institutions Drive Tokenized Asset Wave as Retail Readies to Follow
Senior executives at a Hong Kong conference said tokenized representations of traditional assets are moving from pilots toward production use among large financial firms, anchored by cash‑like instruments, treasuries and stablecoin settlement. Panelists warned that technical limits (throughput, latency, finality and transaction‑ordering) and emerging concentration among middleware and custody providers must be addressed—through atomic delivery‑versus‑payment, programmable compliance and interoperable custody—before meaningful retail uptake follows.