Regulators are making it easier to tokenize assets, but market structure will have to evolve to support widespread adoption.
Blockchain-based investments could provide liquidity and operational efficiency for institutional investors.
Traditional custody banks are getting competition from upstarts.
The CIO of Panama’s sovereign wealth fund writes that the push for regulatory clarity and innovation are strong in a ‘dynamic, yet challenging, frontier’ market.
Several money managers now offer tokenized funds to investors, while other firms are exploring ways to utilize tokenization for clients.