Tokenization of traditional assets accelerates

Token prices have gone up, down and up again, but the development of distributed ledgers and blockchains has accelerated throughout the volatility. The technology is maturing as public permissionless blockchains become faster and cheaper; and as private permissioned distributed ledgers emerge, that enables financial institution and corporate use cases required for regulatory compliance, privacy and scalabilty. Distributed ledgers and blockchains have powered trillions of dollars in tokenized asset transfers, but the disruption that we expect across every industry has only just begun. An evolution of infrastructure is occurring that is likely to transform financial and non-financial infrastructure and public and private financial markets over the next 5 to 15 years.

 

You may also enjoy listening to the Merrill Perspectives podcast, featuring conversations on the big stories, news and trends affecting your everyday financial life.

 

"Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities.

©2023 Bank of America Corporation. All rights reserved.