波士顿咨询：2024代币化基金：资产管理第三次革命白皮书（英文版）（28页）.pdf

1、WHITEPAPERTokenized FundsThe Third Revolution in Asset Management DecodedOctober 2024By David Chan,Yue Hong Zhang,Teddy Hung,Allison Xu of the Boston Consulting GroupBy Alexandre Tang,Solomon Tesfaye of Aptos LabsBy Ken Lin,David Reed of InvescoContents01 Foreword02 Executive Summary04 Fund Tokeniza

2、tion:A Game-Changing Blockchain Use Case in Financial Services08 How Tokenized Funds Create Value for Investors and Financial Institutions15 Adoption and the Opportunity for More Active Industry Participation Over the Next 1218 Months18 A Blueprint for an Ecosystem with New Capabilities22 SwiftActio

3、nIsRequired23 About the AuthorsBOSTON CONSULTING GROUP +APTOS ASCEND +INVESCO 1ForewordSean ParkManaging Director&Senior Part-ner,BCGThe asset management industry is entering its third revolution through fund tokenization enabled by blockchain technology.After more than a decade working on blockchai

4、n initiatives,we believe we have identified one of its most promising and scalable applications:using tokenized money to instantly transact tokenized funds.Tokenized funds are not only highly scalablethanks to their replicable structurebut also serve as a catalyst for the broader tokenization of the

5、 financial ecosystem.By enabling near-instant transactions,unlocking liquidity,and reducing operational friction,this innovation could generate about US$100 billion in additional annual returns for investors while creating new revenue streams for financial institutions.We encourage industry leaders

6、to engage with the insights in this report and explore how collaboration,innovation and strategic action can drive sustainable growth.Now is the time to embrace this transformation and lead the next chapter in financial services.Mo ShaikhCEO and Co-Founder of Aptos LabsAfter more than a decade of de