Another hurdle financial services and institutions need to address is mainstream digital asset adoption.
The financial industry has seen a rise in demand for exposure to digital — and crypto — assets in all asset classes. This has led to interest, demand and investment from institutional finance, ranging from digital asset custody to digital asset trading desks, regulatory and compliance frameworks, and audit and risk models. It is fair to say that digital assets have taken the financial services industry by storm. While the attention and investment from traditional finance in decentralized finance (DeFi) is hailed as a progressive step, there are enormous challenges and hurdles that financial services and institutions need to consider to make digital asset adoption mainstream.Related: Why institutions suddenly give a damn about Bitcoin For one thing, the industry is on a massive digitization path to modernize aging fin

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Źródło: https://cointelegraph.com/news/understanding-the-systemic-shift-from-digitization-to-tokenization-of-financial-services