“The total tokenized asset base remains rather insignificant. This rather disappointing picture on tokenization reflects traditional investors not seeing a need for it thus far.”
He further stated,
“There is also little evidence so far of banks or customers moving from traditional bank deposits to tokenized bank deposits on blockchains…”
Crypto holds the fort as TradFi steps back
For now, the bulk of RWA tokenization investment comes from within the crypto ecosystem, with venture capital firms and blockchain-native players keeping the market afloat.
Traditional finance’s enthusiasm appears to be cooling – BlackRock’s BUIDL fund alone saw a $0.6 billion drop in assets between May and August.
Source: X
He remains unconvinced that tokenization can rival the entrenched appeal of ETFs.
Regulators zero in on stablecoin risks
The study will examine domestic payments and cross-border transfers, areas where Korean law still lacks clear definitions for stablecoins.
By benchmarking its framework against global standards, the FIU aims to close legal gaps. This will bring tougher oversight ahead for the sector.
