The Core Purpose of Tokenization: Capital Formation
A Q4 2025 survey by tokenization platform Brickken shows that over half of real-world asset (RWA) issuers focus on using tokenization to enhance capital formation.
Among respondents, 53.8% cited improved funding efficiency as their primary motivation, while only 15.4% prioritized liquidity enhancement.
Liquidity Isn't the Top Priority
Interestingly, 38.4% of respondents explicitly stated they have minimal liquidity needs at this stage, indicating the market remains in its early phases.
Additionally, 46.2% anticipate achieving secondary market liquidity within 6–12 months, though it’s not currently a top focus.
Market Trends and Future Outlook
- Tokenization is gaining institutional traction, but the emphasis remains on fundraising.
- While liquidity potential is acknowledged, most issuers prefer establishing funding foundations first.
- As the market matures, we may see more liquidity-focused innovations emerge.