The global market for tokenised real-world assets has surpassed $100 billion, marking a shift from pilot projects to institutional-scale adoption. Major financial institutions like BlackRock, JPMorgan, and a consortium of UK banks are now running live funds and deposit pilots. This growth is being accelerated by new regulatory frameworks and key infrastructure integrations, such as the collaboration between Murex and Quant Network, which connects blockchain-based assets to traditional capital systems.
The value of tokenised real-world assets and deposits has officially crossed the $100 billion threshold. Major players including BlackRock, Franklin Templeton, and JPMorgan are already operating live tokenised funds.
In Europe, a consortium of six major UK banks is piloting tokenised sterling deposits using Quant Network infrastructure. The DTCC has also received SEC approval to support tokenisation starting mid-2026.
These developments show traditional finance embedding blockchain into regulated market structures. Institutions are actively testing for settlement efficiency and improved liquidity.
The core operational challenge is connecting new tokenised assets to legacy trading and risk systems. Murex addresses this through its widely adopted MX.3 platform, which already supports digital assets for numerous clients.
Adoption has expanded geographically from initial interest in APAC and the US. Europe has recently shown growing focus on tokenizing collateral and CBDC-related systems.
The collaboration between Murex and Quant builds a programmable infrastructure layer within existing environments. Their system uses loose coupling to connect with a global ecosystem of custody services, rather than a single provider.
Compliance is maintained through pre-trade and post-trade validations executed by the platform. The custody layer remains responsible for all signing and security tasks.
Regulation continues to shape the uneven global rollout. Europe leads with MiCA, while Asia-Pacific sees strong momentum supported by Singapore’s MAS.
