Citibank Survey: Custodians Will Become the Core Force of Tokenization of Traditional Financial Assets

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Golden Finance reports that Citigroup Securities Services has released its latest White Paper, based on a survey of 537 market participants, showing that respondents expect about 10% of the volume to be tokenized by 2030, with custodians seen as the key force driving tokenization. The survey indicates that 63% of institutions expect to use multiple Blockchains simultaneously by 2030 and believe custodians can achieve cross-chain connectivity. However, this preference may change in the future. Citigroup's annual survey shows that the market's perception of digital asset categories is undergoing significant changes, with nearly 60% of respondents believing that the fastest-growing digital assets by 2030 will be tokenized private sales/alternative assets and Crypto Assets.

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