【customizable crypto paper trading and backtesting tool with cloud deployment】
发布时间：2026-04-05 17:29:47 来源：Future Helix Markets 作者：Quant Trading
-
Tokenization has become one of crypto's favorite buzzwords,customizable crypto paper trading and backtesting tool with cloud deployment but Grayscale head of research Zach Pandl said investors should think about it less as a single trade and more as a long roadmap with different winners at different stages.\n\nSpeaking at EthCC conference in Cannes, France, Pandl said that the trend is still in its infancy. Tokenized assets — the process of using blockchain rails to settle, transfer and record ownership of all kinds of financial assets such as bonds, funds and equities — is rapidly growing. However, currently at $27 billion , it still represents roughly 0.01%, a tiny fraction, of global capital markets. That's projected to swell to near $19 trillion by 2033, according to BCG and Ripple.\n\nBig banks and asset managers already understand the opportunity. "The two things that institutions are aware of are stablecoins and tokenization," Pandl said. But they are still trying to figure out where to allocate capital to actually benefit from these innovations.\n\nFrom here, Pandl expects tokenization to unfold in phases, with different types of networks and models capturing value at each stage.\n\nThe first winners, he said, may be projects that look more like traditional finance, not less.\n\n"In the early stages of the tokenization process, you will see things that have success that look more similar to how the financial system works today," he said.\n\nThat means institution-centric, permissioned systems that solve practical issues like privacy, identity and control.\n\nPandl pointed to the Canton Network (CC), backed by Wall Street giants like DRW, TradeWeb, Goldman Sachs and Nasdaq, as a potential winner in this early phase of tokenization.\n\nHe said it is "a perfectly reasonable investment" for investors who want nearer-term traction, even if Canton's approach represents only "a slightly different, slightly upgraded version" of today’s financial system.\n\nThe second phase of tokenization could be a hybrid model where we have both institution-owned blockchains and a global shared state, with those networks interconnected and speaking to each other. One example for that is Avalanche (AVAX), with hundreds of sovereign, corporate-owned chains (called subnets) live but connected to a primary, layer-1 network.\n\nEthereum's ether (ETH), in his view, is the bigger but slower bet. Pandl said he believes the market will eventually move toward "global decentralized finance," but added that "the tech is not fully ready" and that institutions are not ready either.\n\nThat makes ETH the more ambitious investment for those willing to wait for the longer-term shift away from financial intermediaries.\n\nThere are also picks-and-shovels plays. Pandl highlighted chain-agnostic service providers such as Chainlink as another way to get exposure, saying they may be "even more compelling" than some blockchains.\n\nRead more: How tokenized assets could become a $400 billion market in 2026
- 上一篇：Cango raises capital as it faces NYSE delisting risk with shares below $1
- 下一篇：Galaxy Digital's testnet suffers hack but no client funds or information were compromised
- OpenAI raises a record $122 billion as revenue crosses $2 billion per month
- Traders are the big winners as 24/7 stocks will finally end the after-hours price 'manipulation'
- Oil trader takes $17 million hit as tokenized crude rivals bitcoin liquidations
- U.S. March jobs smash expectations, with 178,000 added
相关文章
- Cango raises capital as it faces NYSE delisting risk with shares below $1
- Key benefits of Quantitative Trading for modern traders 723
- Beginner guide to Order Management 657
- Why more users are adopting Trading Dashboard 148
- Crypto Long & Short: Governance is the real Layer 1
- How to evaluate a platform for Order Management 317
- Why more users are adopting Spot Trading
- Advanced insights into Paper Trading 509
- Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
- How Trade Automation supports smarter execution 755
- Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
- Key benefits of Trade Automation for modern traders 975
- Key benefits of Execution Speed for modern traders 998
- Advanced insights into Quantitative Trading 303
- Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
- How to evaluate a platform for Order Management 237
- How Algorithmic Trading supports smarter execution 732
- Common mistakes to avoid with Mobile Trading App 979
- Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond
- What makes a strong solution for Paper Trading 649
随便看看
How a Solana feature designed for convenience let attackers drain more than $270 million from Drift
The bitcoin treasury boom is unwinding as some companies and governments sell holdings
CoinDesk 20 performance update: Bitcoin (BTC) trades flat while altcoins rise
Audit admin keys, not just code, expert says after $200 million Drift exploit
- Copyright © 2026 Powered by 【customizable crypto paper trading and backtesting tool with cloud deployment】,Future Helix Markets sitemap