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Cointelegraph.com · Crypto & Web3
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‘No going back’ for institutions moving toward tokenized onchain future, says Fidelity

Tokenization offers structural advantages to financial institutions and helps asset managers reach new markets, according to Fidelity’s head of digital asset strategists. Financial institutions are increasingly moving toward an onchain future with tokenization initiatives which provide access to new markets and offer structural advantages compared to traditional investment products, according to Matthew Horne, head of digital asset strategists at Fidelity Investments. “In the last 18 months, if you look at the push by true institutions to move toward an onchain future, it’s really no going back,” said Horne during a panel discussion at Longitude Singapore on Thursday. US asset managers are particularly incentivized to move assets onchain as tokenization provides better investor access and helps them “reach new markets,” explained Horne.

Read at Cointelegraph.com

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