Moody's: Tokenized funds are becoming increasingly popular, demonstrating "untapped market potential."

According to BlockBeats news on January 16th, Moody's, the rating agency, reported that blockchain-based tokenized funds are becoming increasingly popular, improving the efficiency of investing in assets such as official issued bonds, and showing "untapped market potential." Moody's analysts stated in a report that tokenized funds may introduce technology-related risks, requiring fund managers to possess more diversified technical expertise. Moody's stated that the growth of fixed income tokenized funds is mainly due to investments in government securities, which have become more attractive with the recent series of interest rate hikes by the Federal Reserve. According to analysts, by the end of 2023, tokenized funds issued by traditional institutions and cryptocurrency companies supported by these securities will reach over $800 million on public blockchains, compared to only $100 million at the beginning of the year.