Franklin Templeton states that digital wallets will hold all of people's assets.
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According to a report by Bijie Network: Sandy Kaul, Head of Innovation at Franklin Templeton, predicts that the future of asset management lies in "wallet-native" solutions, where all financial assets will be stored in tokenized wallets. At the Ondo Summit, industry leaders from Fidelity, State Street, and WisdomTree unanimously agreed that tokenization has become a reality, with the necessary infrastructure already in place and application scenarios continuously expanding. However, they emphasized that the biggest challenge lies in building utility and trust, rather than merely tokenizing assets. The application of tokenization is still in its early stages, mainly focused on education and experimentation. Its potential systemic benefits include providing instant collateral under market stress. This transformation is likened to the early development stage of ETFs, moving towards seamless, globalized, and personalized portfolio management.
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