Fidelity strategist: The long-term value of tokenized funds for institutions lies in balance sheet management, rather than 24/7 liquidity

According to Coindesk, Giselle Lai, Director of Fidelity International for the Asia-Pacific region and Digital Asset Strategist, stated that the most attractive long-term use case for tokenized funds for large global institutions is not 24/7 liquidity, but balance sheet management.

Lai pointed out that global institutions often need to hold cash in multiple jurisdictions, manage currency exposure, and meet regulatory requirements, while these bank deposits often do not generate returns. Compared to traditional account systems, tokenized tools can provide 24/7 interest, enhance fund transfer efficiency, and better serve institutional liquidity and collateral management needs.

He also mentioned that current tokenized products are primarily applied in investment scenarios, with the most popular being tokenized money market funds that primarily use U.S. Treasury bonds as the underlying asset. What institutional investors are truly concerned about is not the "token" itself, but whether it can help asset management become faster and cheaper.