Tokenization Goes Mainstream: RWAs and 24/7 Markets
Tokenized asset adoption is accelerating, with IMF data showing over half of tokenized trading now happens outside U.S. market hours, Nasdaq's CEO calling tokenization a multi-billion dollar unlock, and institutional presence visibly growing at Token2049 Singapore.
What we know
An account on X cited IMF data showing 50%+ of tokenized asset trading happens outside regular U.S. hours, underscoring demand for always-on markets. Another account on X reported from Token2049 Singapore that institutional presence was undeniable — 'more suits,' heavy focus on tokenized equities, treasuries, and private markets, with Ondo ($ONDO) mentioned prominently. Another account on X leveraged the Nasdaq CEO's quote on tokenization unlocking 'tens of billions' to pitch a meme coin as undervalued at $89M market cap — illustrating how the narrative is being used across the spectrum.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.