Half of asset managers have already deployed tokenisation in some form, according to a new report from Apex Group, pointing to continued expansion of distributed ledger initiatives across capital markets.
The study shows that 45 per cent of respondents have already tokenised private market assets, while 42 per cent say the main motivation is expanding investor access rather than operational efficiency.
The report suggests tokenisation is increasingly being used to widen distribution of traditionally less accessible asset classes, particularly in private markets.
Capability gaps remain
Despite growing adoption, firms continue to report internal capability challenges. Only 7 per cent of respondents said they feel “fully confident” in their organisation’s technical capabilities around tokenisation.
Apex Group writes that the market is “moving from experimentation toward implementation”, although the survey data indicates many firms are still building operational and technical readiness.
The report also points to a gap between strategic interest and operational maturity, particularly as tokenised assets begin interacting with existing servicing, custody and fund administration processes.
Gaining altitude
“Tokenisation is gaining altitude,” the report states, while noting that firms are still working through questions around infrastructure, expertise and scalability.
The findings are based on research published by Apex Group on adoption trends among asset managers and alternative investment firms.
