FCA Proposes Tokenized Funds on Ethereum Blockchain: A New Era of Asset Management

The UK’s Financial Conduct Authority (FCA) has proposed allowing investment funds to be tokenized on the Ethereum blockchain, marking a significant step towards innovation in asset management. This move aims to attract younger investors and boost efficiency while potentially expanding the market for Real World Assets (RWA). 💰 📈 The proposal could lead to a $30 billion increase in RWA tokenization by 2025.