BlockBeats message, April 3, the International Monetary Fund (IMF) said in its latest report that tokenized finance (Tokenized Finance) is not a simple upgrade of traditional finance, but a structural shift. It replaces intermediaries with smart contracts and shared ledgers, reshaping the architecture of global markets. Currently, the size of tokenized real-world assets (RWAs) has reached $27.5 billion, including more than $12 billion in tokenized U.S. Treasury securities.
The IMF noted that while tokenization can achieve near-instant settlement and 24/7 trading, its speed, automation, and programmability may amplify systemic risk, spreading liquidity crises rapidly under market stress, without the buffering effect of traditional settlement delays.