Overview

• More than half of surveyed asset managers and owners expect their digital-asset exposure to double within three years.
• Private equity and private fixed income are identified as the first targets for tokenization to unlock liquidity and faster settlement.
• By 2030, a majority expect 10%–24% of total portfolios to be tokenized.
• Respondents highlight transparency, faster trading, and lower compliance costs as key benefits, with nearly half forecasting cost savings of at least 40%.
• About 40% report dedicated digital-asset units as operations scale, AI and quantum tools are viewed as complementary enablers, and Bitcoin remains a leading return driver.