Moody’s sees tokenized funds adoption as a sign of untapped market potential
Moody’s reveals a significant rise in blockchain-based tokenized funds, emphasizing efficiency gains and technological risks. In a recent report, global financial services powerhouse Moody’s highlighted the burgeoning realm of blockchain-based tokenized funds . Moody’s underscores the efficiency gains in investing assets like government bonds through tokenized funds, noting an untapped market potential. However, they caution about the tech-related risks, emphasizing the need for fund managers to possess broader technological expertise. The Block You might also like: Crypto investment products get $1.18b inflows amid spot Bitcoin ETF launch The surge in fixed-income tokenized funds is largely driven by investments in government securities, a trend accelerated by recent U.S. Federal Reserve interest rate hikes. Remarkably, tokenized fund issuance backed by such securities swelled from $100 million to over $800 million on public blockchains by the end of 20...