Tokenized Funds Outpace Early ETF Growth, Standard Chartered-Backed Libeara Reports

Core Insights - The report "Real World Assets: A Practitioner's Guide" emphasizes the rapid growth of tokenized assets in global markets, highlighting that tokenization transcends mere digitization by enabling programmable and composable assets that can settle instantly on blockchain networks [1] Group 1: Tokenization vs Traditional Infrastructure - Tokenized assets function as bearer instruments, allowing for real-time transfer, swapping, and integration into smart contracts, contrasting with traditional financial systems where assets are siloed [2] Group 2: Evolution of Tokenization - The evolution of tokenization is categorized into three phases: the introduction of Bitcoin, the development of Ethereum's smart contracts, and the recent integration of stablecoins with real-world assets, which has facilitated institutional adoption [3][4] Group 3: Market Growth and Potential - Tokenized funds are experiencing rapid growth, with tokenized Treasuries currently representing only a few billion dollars compared to the $20 trillion Treasury market, yet their growth trajectory resembles that of early exchange-traded funds [5] - Tokenized money and real-world assets are increasingly connecting capital markets to blockchain infrastructure, with significant participation from established financial firms [4] Group 4: Drivers of Adoption - Key factors driving the adoption of tokenization include the return of positive interest rates, the success of stablecoins, institutional experiments by major firms, advancements in blockchain scalability, and clearer regulatory frameworks in the U.S. and Asia [6]