Tokenization of capital markets: Industry insiders see traditional and blockchain infrastructure coexisting over the long term

AI-assisted source summary · not independently verified. Content standards

Executives from institutions including Boerse Stuttgart Group, BCG, Temasek and Fireblocks believe that financial markets are unlikely to move fully on-chain in the near term. A hybrid model is more likely, using blockchain where appropriate while keeping other processes off-chain. Ownership records, asset issuance and settlement instructions can benefit from shared verification and automation; information and processes with greater privacy, regulatory, latency or complexity requirements are better kept off-chain. Respondents expect traditional and blockchain infrastructure to coexist over the long term, requiring institutions to maintain parallel systems.