Fidelity's Horne says institutions will not reverse move toward tokenized assets

Matthew Horne, head of digital asset strategists at Fidelity Investments, said at a panel discussion at Longitude in Singapore on Thursday that the push by institutions toward an onchain future is 'really no going back', referring to the previous 18 months of tokenization initiatives. Horne said tokenization gives financial institutions structural advantages over traditional investment products, and that US asset managers are particularly incentivized to move assets onchain because it improves investor access and helps them 'reach new markets'. Cointelegraph cited RWA.xyz data showing demand for tokenized assets rose 41% over the past 30 days as the number of holders topped 493,000, a count of addresses holding tokenized real world assets and excluding stablecoins. Other panelists named in the article were WSJ's Jihye Lee, UBS' Ka Yan Chan, Securitize's Chongwu Du and Maple's Sidney Powell. Only Cointelegraph covered the remarks, so the panel comments are single-sourced; Cointelegraph separately links to its own reporting on UBS's view that treasuries and equities could bring billions onchain, but that material is not part of this evidence set and no figure from it can be confirmed here.