Deep Tide TechFlow News, December 23 — According to Cointelegraph, Keith Grossman, President of crypto payment company MoonPay, stated that tokenization will transform the financial industry faster than digital technology has impacted traditional media. He pointed out that RWA will force traditional financial institutions to adapt, which is no longer a theoretical concept; institutions such as BlackRock and Franklin Templeton are already offering tokenized funds on the blockchain.
Currently, the market capitalization of the RWA sector (excluding stablecoins) is close to $19 billion, with the vast majority of tokenized assets already settled on the Ethereum network. Advantages of tokenized assets include enabling 24/7 market access, asset globalization, reduced transaction costs, and shortened settlement times.
Previously, the Depository Trust & Clearing Corporation (DTCC) received approval from the U.S. Securities and Exchange Commission to begin offering tokenized financial instruments, with plans to launch the first batch of tokenized assets, including U.S. Treasury bonds and stock indices, in the second half of 2026.
