Citi Survey: Custodians Will Become the Core Force in the Tokenization of Traditional Financial Assets

Jinse Finance reported that Citi Securities Services has released its latest white paper, based on a survey of 537 market participants. The survey shows that respondents expect about 10% of trading volume to be tokenized by 2030, with custodians seen as a key driving force for tokenization. The survey points out that 63% of institutions expect to use multiple blockchains simultaneously by 2030 and believe that custodians can enable cross-chain connectivity. However, this preference may change in the future. Citi's annual survey shows that the market's view of digital asset classes is undergoing significant changes. Last year, respondents believed that nearly 60% of the fastest-growing digital assets by 2030 would be tokenized private/alternative assets and cryptocurrencies.