Asset tokenisation is moving beyond innovation teams and into mainstream boardroom discussions, with BlackRock forecasting a tokenised asset market of $20 trillion by 2030 and institutions such as J.P. Morgan, DTCC, Nasdaq and Fidelity already deploying tokenised products and infrastructure at scale.
In Asset Tokenisation 2026: From Pilots to Core Infrastructure, Richard Yolland, Advisory Partner for Digital Assets, and Marcus Hooper, Advisor, in Sheffield Haworth’s Change Consulting Practice, examines how tokenisation is reshaping distribution, settlement, operating costs and market structure, and set out a focused 12-month agenda for leaders in investment banks, custodians and asset managers who want to unlock value in existing franchises rather than reinvent them.
The report explores where the real opportunities lie, from collateral and fixed income to private markets and fund distribution, while addressing practical constraints around liquidity, interoperability, governance, and the cash leg of settlement.