ChainCatcher reported that according to a survey by the Fiat Currency and Financial Institutions Forum (OMFIF), most respondents believed that tokenization will reach a substantial level within three years.
OMFIF reportedly surveyed 26 institutions in Europe, Africa, Asia and South America, including finance ministries, banks and asset management companies. 92% of respondents believe that financial markets will experience a considerable degree of tokenization at some point, although all said it would take at least three years.
The survey showed that 42% of respondents agreed that blockchain will become the dominant form of financial market infrastructure. 65% of respondents believed that bonds are most likely to be tokenized.
