【multi exchange crypto order management system for advanced traders】
发布时间：2026-04-04 09:10:36 来源：Prime Momentum Analytics Watch 作者：Risk Management
-
Tokenization has become one of crypto's favorite buzzwords,multi exchange crypto order management system for advanced traders but Grayscale head of research Zach Pandl said investors should think about it less as a single trade and more as a long roadmap with different winners at different stages.\n\nSpeaking at EthCC conference in Cannes, France, Pandl said that the trend is still in its infancy. Tokenized assets — the process of using blockchain rails to settle, transfer and record ownership of all kinds of financial assets such as bonds, funds and equities — is rapidly growing. However, currently at $27 billion , it still represents roughly 0.01%, a tiny fraction, of global capital markets. That's projected to swell to near $19 trillion by 2033, according to BCG and Ripple.\n\nBig banks and asset managers already understand the opportunity. "The two things that institutions are aware of are stablecoins and tokenization," Pandl said. But they are still trying to figure out where to allocate capital to actually benefit from these innovations.\n\nFrom here, Pandl expects tokenization to unfold in phases, with different types of networks and models capturing value at each stage.\n\nThe first winners, he said, may be projects that look more like traditional finance, not less.\n\n"In the early stages of the tokenization process, you will see things that have success that look more similar to how the financial system works today," he said.\n\nThat means institution-centric, permissioned systems that solve practical issues like privacy, identity and control.\n\nPandl pointed to the Canton Network (CC), backed by Wall Street giants like DRW, TradeWeb, Goldman Sachs and Nasdaq, as a potential winner in this early phase of tokenization.\n\nHe said it is "a perfectly reasonable investment" for investors who want nearer-term traction, even if Canton's approach represents only "a slightly different, slightly upgraded version" of today’s financial system.\n\nThe second phase of tokenization could be a hybrid model where we have both institution-owned blockchains and a global shared state, with those networks interconnected and speaking to each other. One example for that is Avalanche (AVAX), with hundreds of sovereign, corporate-owned chains (called subnets) live but connected to a primary, layer-1 network.\n\nEthereum's ether (ETH), in his view, is the bigger but slower bet. Pandl said he believes the market will eventually move toward "global decentralized finance," but added that "the tech is not fully ready" and that institutions are not ready either.\n\nThat makes ETH the more ambitious investment for those willing to wait for the longer-term shift away from financial intermediaries.\n\nThere are also picks-and-shovels plays. Pandl highlighted chain-agnostic service providers such as Chainlink as another way to get exposure, saying they may be "even more compelling" than some blockchains.\n\nRead more: How tokenized assets could become a $400 billion market in 2026
- 上一篇：The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- 下一篇：Crypto rebounds as oil dips on Trump comments, but derivatives signal weak conviction
- What next as XRP rises to $1.33 but fails to break out
- Franklin Templeton launches crypto division with 250 Digital acquisition
- Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond
- CFTC sues Illinois over state's cease-and-desist letters against prediction markets
相关文章
- Franklin Templeton launches crypto division with 250 Digital acquisition
- Franklin Templeton launches crypto division with 250 Digital acquisition
- OpenAI raises a record $122 billion as revenue crosses $2 billion per month
- Cango raises capital as it faces NYSE delisting risk with shares below $1
- Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
- Cango raises capital as it faces NYSE delisting risk with shares below $1
- Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
- Crypto Long & Short: Governance is the real Layer 1
- Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
- Galaxy Digital's testnet suffers hack but no client funds or information were compromised
- Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
- Uniswap Foundation held $85.8M at year-end, committed $26M in grants during 2025
- The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- Uniswap Foundation held $85.8M at year-end, committed $26M in grants during 2025
- Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
- Crypto rebounds as oil dips on Trump comments, but derivatives signal weak conviction
- OpenAI raises a record $122 billion as revenue crosses $2 billion per month
- Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
随便看看
Crypto Long & Short: Governance is the real Layer 1
Bitcoin heads into holiday weekend exposed as ETF and CME flows go offline
Bitcoin ETFs post first monthly inflows since October as price stabilizes
Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform
- Copyright © 2026 Powered by 【multi exchange crypto order management system for advanced traders】,Prime Momentum Analytics Watch sitemap