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Most asset managers monitor tokenization, adoption remains limited

A Cerulli Associates study found 63% of asset managers are tracking tokenization, while just 20% use blockchain technology to streamline operations.

Reported · Written up by our desk · Fund Industry

Tokenization remains a widely discussed idea in asset management, but most firms are not yet using it, according to research cited by ETF Trends.

Cerulli Associates found that 63% of asset managers are monitoring tokenization without current plans to adopt it, and only 20% use blockchain technology to streamline operations, which the firm identified as the top use case.

The tokenization concept centers on moving ownership records for fund shares or other assets onto a blockchain shared digital ledger, framed by Cerulli as an upgrade to financial infrastructure rather than a shift into digital assets.

Cerulli also highlighted ETF momentum, with ETFs pulling in $524.8 billion in the second quarter, while long-term mutual funds lost $164.3 billion over the same period, and it said tokenized ETFs are still “early” with “moderate” future opportunity.

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