Regulation· ★★★· neutral·

IMF Acknowledges Tokenization Benefits but Warns of Financial Stability Risks

  • —Over 50% of tokenized equity trades occur outside traditional trading hours
  • —About 80% of orders in the IMF sample are for less than one share
  • —IMF sets four conditions: legal rights, clear rules, interoperable infrastructure, safe settlement
  • —Automation can accelerate forced selling when prices fall and collateral runs short
Why it matters: The IMF is shaping the regulatory framework for tokenization, which will set the rules for the RWA market and stablecoins.
Source: Journal du Coin