UBS sees billions in on-chain inflows if tokenized U.S. Treasuries, stocks spread

Billions of dollars in assets could move on-chain if tokenized U.S. Treasuries and stocks gain wider adoption in the United States, Ka Yan Chan, UBS’ head of digital asset business development, said, according to Cointelegraph. Chan said Treasuries and stocks are core assets in investment portfolios, and for the tokenization market to grow from billions of dollars to the trillion-dollar range, major financial infrastructure institutions such as the Federal Reserve and the Depository Trust & Clearing Corporation, or DTCC, would need to move first on tokenization. Chan added industry firms could then build distribution infrastructure for tokenized assets on that foundation.