Fidelity Digital Asset President: Public securities and assets are not mature enough to be tokenized

Fidelity Digital Asset President Tom Jessop said in an interview that promoting the tokenization of a series of assets may have its limitations. Specifically, because such markets are sufficiently liquid, he is not sure whether public securities and other assets traded on the exchange will benefit from tokenization. Eventually, clients may seek to own public securities and tokenized assets in the same portfolio. But because the current market infrastructure is very developed, these public securities are unlikely to be put on the chain. In addition, Jessop said that other tokenization use cases also bring opportunities, and many banks are seeking to bring private tools to the market in the form of tokens, and private real estate is still an area where tokenization can provide more liquidity.