On Wednesday, DTCC completed its first live production transaction involving tokenized securities, taking a major step toward bringing blockchain technology to traditional financial markets.
Broadridge’s findings suggest that these efforts are having an impact across the industry. 68% of respondents said that tokenization will at least partially reshape financial markets within the next three to five years, and nearly one-third plan to increase their investment in tokenization projects by 26% to 50% or more over the next two years.
The study also found that companies are not prepared for an all-on-chain future. Instead, 92% expect digital and traditional assets to coexist for the foreseeable future, and 69% plan to integrate tokenization into existing infrastructure rather than building separate blockchain-native systems.
This reflects the approach taken by many large financial institutions, which generally focus on connecting blockchain networks to existing trading, custody, and payment systems, rather than replacing them.
Adoption remains uneven across industries. 44% of capital markets firms say they already have tokenization initiatives in place or operate them at scale, compared to 20% of asset managers and 9% of asset managers.
The survey also pointed out where companies expect tokenization to gain traction first. Approximately 80% of respondents believe that tokenized mutual funds and money market funds will play a significant role within five years, reflecting the rapid growth of tokenized U.S. Treasury products. By comparison, only about half expect tokenized stocks to achieve similar adoption over that period.
