Private equity and hedge fund assets are the most likely to see relevant levels of tokenisation as the market begins to build, new global research from tokenisation platform Token City shows.

The study, conducted among fund managers in France, Spain, Germany, Switzerland, and the UK who are responsible for around USD546.5 billion in assets under management, found 73 per cent identified private equity assets and 65 per cent pointed to hedge fund assets as most likely to be the first to see significant levels of tokenisation.

The World Economic Forum estimates that up to 10 per cent of global GDP will be stored and transacted via DLT by 2027 and that tokenised markets could potentially be worth as much as USD24 trillion by 2027.

Read more: Private Equity Wire