Odaily reported that Fidelity Digital Assets acknowledged the rapid growth of in its 2025 outlook report, but pointed out that they are not yet perfect products, and the industry is expected to take further measures to address compliance risks, improve cross-chain interoperability, and integrate with the traditional financial system. The report stated that can coexist with tokenized bank deposits, improve the efficiency of tokenized securities trading, while maintaining the status of the US dollar as a global reserve currency. Fidelity also believes that tokenization is the "killer app" of 2025. The notional value of on-chain tokenized real-world assets (RWA) has grown from $8 billion in 2023 to $14 billion, and is expected to reach $30 billion by 2025. Fidelity added that "as institutions become increasingly aware of the advantages of leveraging blockchain, including faster, cheaper, and relatively frictionless operability, we expect the growth of the tokenized asset class to continue to expand." Fidelity also said that is expected to continue to innovate in 2025, with growth in dedicated blockchains, decentralized social media, , and crypto AI. Fidelity believes that the adoption of mainstream cryptocurrencies will grow this year, and says that it is "not too late" for investors to enter this field, despite Bitcoin recently breaking through $10,000: "In fact, we believe we may be on the cusp of a new era of digital assets that could last for years - even decades - an era that could see digital assets permeate across industries, technologies, domains, balance sheets, and even nation-states."