Bitwise CEO Says Tokenized Stocks Could Be Among Finance’s Biggest Advances in Next 2-3 Years
Summary
- Bitwise said tokenized stocks could become one of the biggest developments in financial markets over the next two to three years.
- He said tokenization, 24-hour trading, and fractional ownership could fundamentally change how assets are traded and accessed.
- He said the crypto market’s winter is over and that liquidity could flow back into the crypto market as investors go through portfolio rebalancing in the second half of this year or early next year.
Forecast Trend Report by Period
Hunter Horsley, chief executive officer of crypto asset manager Bitwise, said tokenized stocks could become one of the biggest developments in financial markets over the next two to three years.
Crypto outlet Crypto Briefing reported on October 7 that Horsley, speaking in an interview at the Token2049 event, said bringing stocks and other capital markets on-chain could fundamentally change how assets are traded and accessed.
“Everyone intuitively feels that tokenization could bring the kind of transformative change that electronic trading once brought to stock markets,” Horsley said. He added that the industry is still studying how important tokenization could become. He cited 24-hour trading and fractional ownership as potential benefits.
Horsley also said he believes the crypto market’s winter is over. He added that capital now flowing into artificial intelligence could shift back toward crypto.
He said some liquidity could return to the crypto market as investors rebalance their portfolios in the second half of this year or early next year.
JH Kim
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