A recent survey of the incumbent securities sector shows a dramatic increase in live DLT deployments. Currently, 32% of organizations surveyed have production projects compared to 8% last year. Another 32% of firms are in the build phase towards production. The survey of 148 incumbents was conducted on behalf of the International Security Services Association (ISSA).
Over time there’s been a shift in focus between assets classes, evolving beyond the current emphasis on cryptocurrency and bond issuance. While cryptocurrency currently ranks top in terms of live deployments, it drops to the fifth spot in plans. The top spot for planned solutions is securitized assets, followed by bonds and private equity.
“DLT is clearly starting to deliver real results for the industry today and tokenising highly paper-based assets – such as securitised assets, mutual funds and private debt – is clearly yielding positive returns in 2022,” said Colin Parry, CEO of ISSA.
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