The survey revealed that 84 per cent of financial institutions consider asset monetization as a strategic priority

A recent survey by Broadridge, a financial science and technology service provider, shows that 84 per cent of financial institutions have adopted asset monetization as a strategic priority and that the vast majority of institutions believe that the technology will reshape the financial market within five years. The survey, which targeted 200 North American financial service executives, indicated that the financial sector was moving from the experimental phase of block chain technology to actual deployment, to simplify settlement processes, reduce operating costs and support all-weather transactions by converting real-world assets, such as stocks, bonds, funds and real estate, into digital chain tokens. Despite high industry enthusiasm, 92 per cent of respondents expected digital assets to coexist with traditional assets in the foreseeable future, and 69 per cent planned to integrate monetization technologies into existing infrastructure rather than build independent chain systems。