Key Takeaways
- • Fifty-one percent of 300 global asset managers, asset owners and wealth managers expect digital assets to go mainstream within five years, according to State Street's 2026 survey, up from 42% in 2025 and 11% in 2024.
- • Only 3% of respondents believe digital assets will not go mainstream, signaling broad conviction among institutional allocators.
- • 35% of respondents already manage or distribute digital assets, and another 28% have provider relationships and infrastructure in place to do so as client demand grows.
- • Regulatory framework experience (69%), cybersecurity (54%) and financial strength (47%) rank as the most important criteria for selecting a digital asset service provider.
- • Fidelity International issued its first tokenised liquidity solution on Sygnum's tokenisation platform, which is regulated by the Monetary Authority of Singapore.
Summary
Operational readiness is also advancing. The survey found that 35% of respondents already manage or distribute digital assets, and a further 28% have the provider relationships and infrastructure in place to do so as client demand builds. Angus Fletcher, head of digital asset solutions at State Street, said most institutions have moved past debating whether digital assets matter and are now focused on practical concerns. "Investors are spending less time debating the technology and more time focused on infrastructure, operations, regulation and risk. That tells us the market is maturing," Fletcher said in a statement.
Selection criteria for service providers reflect this pragmatic focus. Sixty-nine percent of respondents identified experience operating within an appropriate regulatory framework as the most important characteristic of a digital asset service provider. Cybersecurity ranked second at 54%, followed by financial strength at 47%.
On the tokenisation front, Fidelity International issued its first tokenised liquidity solution on Sygnum's tokenisation platform, which is regulated by the Monetary Authority of Singapore. A tokenised liquidity solution takes an asset on-chain and provides the infrastructure for the resulting tokens to be traded or used as collateral.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.