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Wealth Management
Tokenized funds set to become mainstream in Asia
New investment vehicle offers easier access and cost savings, but UHNW and institutional clients still prefer to invest in tokenized assets through traditional intermediaries
Yuki Li
15 Nov 2023
With digitalization now an irreversible trend in the financial services industry, a growing number of asset management firms are exploring the opportunities presented by blockchain technology. In Asia, about 86% of asset managers plan to offer tokenized funds as part of their product range within the next three years, a new report finds.