Tokenized Financial Assets Enter Mainstream
According to Chetan Karkhanis, Head of Digital Assets at Franklin Templeton, the company is actively tokenizing money market funds and issuing them directly onto blockchain networks. This innovation not only enhances 24/7 liquidity but also significantly cuts operational expenses.
Industry Trends and Future Outlook
While the tokenized asset market is still in its infancy, the current size of stablecoins on-chain is estimated at $300 billion, with tokenized treasuries and other real-world assets (RWA) reaching approximately $40 billion—still a small fraction compared to the global wealth total exceeding $200 trillion.
- Tokenized funds improve liquidity
- Operational costs reduced by 5-15 basis points
- Infrastructure maturing