Major financial institutions and technology firms are realizing the transformative impact of blockchain and billion-dollar opportunities in the tokenization of private assets
Blockchain technology is close to unlocking a $400 billion revenue opportunity for asset managers by enabling the tokenization and fractionalization of private assets, according to Polygon’s head of institutional capital, Colin Butler.
Speaking exclusively to Cointelegraph, Butler unpacks how the broader financial sector is on the cusp of launching products and services built on blockchain protocols that could fundamentally disrupt the landscape of global finance.
Butler, who joined Polygon after a two decade long career on Wall Street, highlights a changing narrative toward institutional adoption as major investment firms like KKR began tokenizing significant funds using nascent blockchain platforms.
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Source: https://cointelegraph.com/news/blockchain-revolution-global-finance-400-billion-opportunity