According to ChainCatcher news reported by CoinDesk, Paul Brody, the global blockchain leader at EY, expressed the view that tokenizing physical assets through blockchain can create daily, transparent price information for market data traditionally limited to a few asset classes, thereby redefining the way portfolio management is conducted.Brody pointed out that modern portfolio theory originates from Eugene Fama's efficient market theory in the 1960s. Although this theory has its flaws, the index fund strategies developed from it have become the default choice for managing pension and retirement accounts. Currently, about 80% of institutional investors' portfolios are concentrated in stock and bond index funds, while alternative investment strategies account for only 15-20%.The emergence of tokenized assets will expand the range of investable assets, allowing investors to access asset classes and regions that have been overlooked due to data scarcity or lack of liquidity. For example, by tokenizing physical assets such as real estate in Thailand, oil leases in Nigeria, or taxi medallions in New York, continuous and transparent price data can be generated, enabling these assets to be compared on equal footing with traditional assets like U.S. stocks.Brody anticipates that this transition will take about a decade, including the establishment of a broad portfolio of tokenized assets and the accumulation of 5-7 years of daily data records. With the proliferation of AI-driven automated investment tools, this transition may occur more rapidly than historical shifts in investment patterns. EY will host a global blockchain summit from April 1-3 to discuss the role of digital assets in portfolios.

ChainCatcher news, according to The Block, Zodia Custody has partnered with the tokenization platform Securitize to provide regulatory-compliant custody services covering tokenized assets, including BlackRock's BUIDL fund.Zodia Custody CEO Julian Sawyer stated that the growth of BUIDL demonstrates the potential of tokenized assets for institutional investment. Securitize CEO Carlos Domingo added that this collaboration connects traditional finance with blockchain technology, helping institutions securely participate in the tokenized asset market. Securitize has launched fund management services to support the operational and compliance needs of tokenized assets.

ChainCatcher news, at the Solana Breakpoint conference, Securitize co-founder and CEO Carlos Domingo announced a partnership with Wormhole to achieve interoperability of tokenized assets, selecting Wormhole as the official interoperability provider for all its current and future tokenized assets.

ChainCatcher news, McKinsey & Company released a forecast stating that by 2030, the market size of tokenized assets will be below $2 trillion, ranging between $1 trillion and $4 trillion.In contrast, Bernstein's prediction last year was that by 2028, the market size of tokenized assets would reach $5 trillion, and Citibank's forecast is that by 2030, the market size of tokenized assets will reach the same figure.

ChainCatcher news, according to Cointelegraph, Lightning Labs CEO Elizabeth Stark revealed the latest developments of the Bitcoin development company at the London Crypto and Digital Assets Summit live-streamed by the Financial Times. She stated that the Taproot Assets protocol under Lightning Labs is building functionality to bring stablecoins and tokenized assets to Bitcoin.According to Stark, developers have made significant progress toward this goal and have ultimately tested transactions on Lightning. She added that traditionally, these digital assets have operated on other blockchains but have been plagued by high fees and other issues. She believes that the Bitcoin network may be best suited to facilitate the use of stablecoins because it "is the most secure and decentralized" blockchain.

ChainCatcher news, according to The Block, the tokenization platform Huma Finance has merged with the liquidity and settlement platform Arf to enhance the adoption of tokenized assets. As part of the transaction, Huma and Arf will become part of the newly established holding entity 00 Holdings Inc. However, both companies will continue to operate separately under their existing names and brands.It is reported that Huma Finance co-founder and co-CEO Erbil Karaman declined to disclose the terms of the deal but stated that the newly merged entity is completing a "large" financing round.Additionally, Arf's recent on-chain liquidity volume has exceeded $1 billion. Arf co-founder and CEO Nalbant stated that based on the global partners' monthly liquidity demand of $500 million, the merged entity is expected to surpass $3 billion in transaction volume by the end of the year.

ChainCatcher news, according to Bitcoin.com, HSBC CEO Noel Quinn stated that the bank is ready to expand its range of tokenized asset products, which have advantages such as cost-effectiveness, increased efficiency, and overall improvements compared to "traditional trading methods."Noel Quinn also revealed, "We will continue to invest in our tokenized product lineup. I think the tokenization of gold and bond issuance is great. I am very satisfied with the concept of tokenization."

ChainCatcher news, Hong Kong Financial Secretary Paul Chan Mo-po stated at the main forum of the 8th Hong Kong FinTech Week that the government continues to encourage Web3 innovation, and the recent crackdown on JPEX has not undermined its determination.Paul Chan indicated that the Securities and Futures Commission will soon issue a notice regarding intermediaries engaged in activities related to tokenized securities and the tokenization of investment products approved by the SFC.He mentioned that another area of concern for regulators is exploring how to expand their jurisdiction to cover the buying and selling of virtual assets beyond transactions occurring on virtual asset trading platforms.At the same time, the Hong Kong Monetary Authority and the Financial Services and the Treasury Bureau will soon publish another joint consultation on the regulatory framework for stablecoin issuers.

ChainCatcher news, WisdomTree founder and CEO Jonathan Steinberg stated during the earnings call that WisdomTree has achieved net inflows for 12 consecutive quarters and is leading the industry in the development of tokenized assets and blockchain finance.In addition, later this quarter, WisdomTree will offer new products to clients, including a digital money market fund, as well as launch three new WisdomTree-Siegel branded digital funds, with new features such as peer-to-peer transfers and payments expected to be available in the coming quarters.Jonathan Steinberg also engaged in many discussions around the B2B and B2B2C applications of its platform and product suite, which could unlock additional streams of tokenized revenue in the future.

ChainCatcher news, the Sango project team for the Central African Republic announced that the country's legislative body has passed the "Tokenisation Law," approving the tokenization of land and natural resources.The Sango team stated that once licenses are obtained, businesses can utilize blockchain for tokenization operations in agriculture, real estate, natural resources, and more on the Sango platform.

ChainCatcher news, according to Cointelegraph, the Bank of Italy's innovation hub will support a project developed by Cetif Advisory, which aims to study the ecosystem of security tokens in institutional DeFi, supported by Polygon and Fireblocks.It is reported that the project will strive to enable institutional market participants to operate in DeFi while complying with regulatory requirements. It will further develop Cetif Advisory's Lionity platform, described as an "institutional-grade AMM." (source link)

ChainCatcher news, the Avalanche Foundation revealed that it will allocate $50 million to purchase tokenized assets created on its blockchain. The program, named Avalanche Vista, will consider assets across the entire liquidity spectrum, including equity, credit, real estate, commodities, and blockchain-native assets.

ChainCatcher news, the Hong Kong Monetary Authority tweeted that the ongoing pilot program for the digital Hong Kong dollar (e-HKD) is exploring six use case categories, including Web3 settlement, tokenized assets, and tokenized deposits.Mastercard is exploring the potential of e-HKD in facilitating transaction settlements across different chains on Web3 platforms.In terms of tokenized asset settlements, the pilot project by Ripple and Fubon Bank demonstrates the potential of e-HKD to unlock the value of illiquid assets through real estate asset tokenization. Meanwhile, Boston Consulting Group, HKT Payment, and Za Ban are exploring tokenized asset-backed financing settled in e-HKD.In the area of tokenized deposit security, Hang Seng Bank, HSBC, and VISA are leading pilot projects that utilize tokenized deposits and e-HKD to facilitate real-time 24/7 interbank transfers.

ChainCatcher news, the Society for Worldwide Interbank Financial Telecommunication (Swift) has announced that it is exploring blockchain interoperability to eliminate friction in the settlement of tokenized assets. Swift will collaborate with a dozen major financial institutions and FMIs, including Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citigroup, Clearstream, Euroclear, Lloyds Banking Group, SIX Digital Exchange (SDX), and the Depository Trust & Clearing Corporation (DTCC), to test how companies can effectively guide the transfer of tokenized value across a range of public and private blockchains using its existing Swift infrastructure.The first use case of the trial will involve transferring tokenized assets between two wallets on the same public blockchain network (Ethereum Sepolia testnet).The second use case involves transferring tokenized assets from a public blockchain (Ethereum) to a permissioned blockchain.The third use case will test transferring tokenized assets from Ethereum to another public blockchain, where Chainlink will be used as an enterprise abstraction layer to securely connect the Swift network to the Ethereum Sepolia network, while Chainlink's Cross-Chain Interoperability Protocol (CCIP) will enable full interoperability between the source chain and the target blockchain. (Source link)