A token of appreciation
24.03.2025 – Articles
There’s a lot of talk and excitement around tokenisation, but has it meaningfully materialised in private markets?
Tokenised investment fund AUM is predicted to reach more than $317bn in 2028, according to PwC’s asset and wealth management survey, published last year. In 2023, tokenised AUM was $40bn. That represents CAGR of more than 50%.
There’s a lot of talk and excitement around tokenisation, but has it meaningfully materialised in private markets? Are compelling use cases coming to the fore? What about the regulatory environment?
According to Adrian Whelan, Global Head of Market Intelligence for Investor Services at Brown Brothers Harriman, “Tokenisation is still very new.