On Wednesday, DTCC completed its first live production trades involving tokenized securities, marking a major step toward bringing blockchain technology into traditional financial markets.
Broadridge’s findings suggest that these efforts are impacting the wider industry. 68 percent of respondents said tokenization will at least partially reshape financial markets within the next three to five years, while nearly a third plan to increase investment in tokenization projects by 26% to 50% or more over the next two years.
The survey also found that companies are not preparing for a future in the entire chain. Instead, 92% expect digital and traditional assets to coexist for the foreseeable future, and 69% plan to integrate tokenization into existing infrastructure rather than building separate blockchain-native systems.
It mirrors the approach of many large financial institutions, which have generally focused on connecting blockchain networks to existing trading, custody and settlement systems rather than replacing them.
Adoption remains uneven across the industry. Forty-four percent of capital markets firms said they already have tokenization initiatives in production or operating at scale, compared to 20% of asset managers and 9% of asset managers.
The survey also pointed to where companies expect tokenization to gain traction first. About 80% of respondents believe that tokenized mutual funds and money market funds will play a meaningful role within five years, reflecting the rapid growth of tokenized financial products. By comparison, only about half expect tokenized stocks to achieve similar adoption in that period.
