#IMFSaysTokenizedMarketsSmall
The IMF’s view that tokenized markets are still small caught my attention. Tokenization has generated a lot of excitement, but the reality is that adoption remains early compared with traditional financial markets.

For me, the bigger question isn’t whether tokenization works. It’s whether it can move beyond experiments and become useful at institutional scale. Real-world assets, bonds, funds and other financial instruments could benefit from faster settlement, greater transparency and programmable ownership.

But growth will depend on regulation, liquidity, interoperability and trust. The technology may be ready, but the financial infrastructure around it still has a long way to go.

I think tokenization is less about hype and more about a gradual rebuilding of financial markets on-chain.
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