EFAMA’s Tokenisation: A Buyside Practitioner’s Guide offers a powerful snapshot of how tokenized RWAs are transforming the investment management landscape. As the report highlights, the combination of DLT, interoperability, cash-on-chain, and secondary markets is laying the groundwork for RWAs to move from niche experiments to scalable, mainstream assets.
1. Regulatory Harmonization: Consistent rules across Europe (and globally) will prevent fragmentation and unlock seamless cross-border tokenization.
2. Interoperability Standards: Connecting multiple blockchains removes barriers and enables liquidity across digital ecosystems.
3. Cash-on-Chain: True onchain settlement reduces reliance on slow, off-chain systems, cutting costs and risks.
4. Secondary Markets: Platforms licensed under the DLT Pilot Regime are already preparing to support RWA trading at scale.