Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Friday Nov 7 2025 01:10
2 min
Joe Longo, Chairman of the Australian Securities and Investments Commission (ASIC), warns that Australia's capital markets risk falling behind other countries unless they embrace new technologies like tokenization. He emphasizes that innovation is key to avoiding stagnation.
Key Takeaways:
Longo points out that other countries are adopting innovation at a faster pace than Australia. Over $35.8 billion worth of real-world assets are currently tokenized on-chain, and Boston Consulting Group estimates that this figure could rise to $16 trillion by 2030. McKinsey & Co predicts a more conservative $2 trillion over the same timeframe.
ASIC is taking steps to support innovation by relaunching its Innovation Hub to help fintech startups navigate regulations. The regulator also released updated guidance on how digital asset innovation should be balanced with investor protection.
Longo expects tokenization to accelerate faster than anticipated, citing discussions with JPMorgan staff who said they plan to tokenize their money market funds within the next two years. Four of JPMorgan's largest money market funds hold a combined $730 billion worth of assets.
Tokenizing these asset classes will also enable a broader range of traders to access markets that have traditionally been limited to institutional investors and high-net-worth individuals, Longo notes.
In short, Longo believes Australia faces a crucial choice: embrace innovation and capitalize on the opportunities offered by tokenization, or fall behind and become a passive recipient of developments overseas. The future of Australian capital markets hangs in the balance.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
Latest
View allSaturday, 28 March 2026
5 min
Saturday, 28 March 2026
5 min
Saturday, 28 March 2026
4 min
Sunday, 29 March 2026
Indices
BTC News Today: Bitcoin Recovers to $67,400 After Sharp Dip Below $65,000
Sunday, 29 March 2026
Indices
Gold price today, March 30: Gold market is currently in a corrective phase, XAU/USD rises to $4,568.50
Tuesday, 24 March 2026
Indices
NVIDIA GTC 2026 Keynote Highlights: Jensen Huang Predicts $1 Trillion AI Demand Through 2027
Tuesday, 24 March 2026
Indices
Top performing cryptos today: Siren (SIREN), Bittensor (TAO), Stellar (XLM)
Tuesday, 24 March 2026
Indices
Gold price today, March 25: Gold Surges Over $4,580 as XAUUSD Jumps 2.5% Amid Softer Dollar Pressure
Monday, 23 March 2026
Indices
Commodity Market Today: Business Body Warns Middle East Conflict Could Derail SA’s 2026 Economic Recovery
Monday, 23 March 2026
Indices
Gold price today, March 24: Gold extends slide, XAU/USD price crashes below $4,200
EN
