IMF issues third tokenization warning this year
- —Daily tokenized repo volume is $300–350 billion versus $13 trillion in the US repo market
- —Tokenized securities and money market fund trading is about $65 billion a day
- —More than 50% of trades occur outside traditional trading hours
- —About 80% of trades by size are smaller than a single share
Why it matters: The IMF flags liquidity fragmentation and rising leverage as a contagion risk to traditional markets.
Source: ForkLog