Crypto Enters the ’Era of Substance’ as Tokenization Gains Momentum

Financial institutions are embracing tokenization as a transformative force in digital assets. Nandini Sukumar, CEO of the World Federation of Exchanges, revealed that all 300+ WFE members—including major exchanges and clearinghouses—are actively exploring tokenization strategies. The remarks came during Georgetown University's Financial Markets Quality Conference, signaling institutional readiness for blockchain integration.

Jean-Marie Mognetti of CoinShares International observes a fundamental shift in market dynamics. 'Valuations now reflect substance rather than speculation,' he noted in a recent newsletter. This maturation coincides with clearer regulatory frameworks and the emergence of sustainable market structures, creating what Mognetti describes as 'a more resilient digital asset ecosystem.'

The Depository Trust & Clearing Corporation's Frank La Salla highlighted the historical symbiosis between financial innovation and technological advancement during the panel discussion. As traditional finance and blockchain systems converge, market infrastructure providers are positioning themselves at the intersection of this paradigm shift.