Think tank OMFIF survey: Large-scale tokenization of financial assets may still take three years
According to a survey by the Fiat Currency and Financial Institutions Group Forum (OMFIF), the majority of respondents believe that tokenization will reach a substantial level within three years.
It is reported that OMFIF surveyed 26 institutions in Europe, Africa, Asia, and South America, including finance ministries, banks, and asset managers. 92% of respondents believe that financial marekt will experience a considerable degree of tokenization at some point, although all said it will take at least another three years.
According to the survey, 42% of respondents agree that blockchain will become the dominant form of financial marekt infrastructure. 65% of respondents believe that bonds are most likely to be tokenized.