Digital assets to become treasury standard in 5 years: HSBC survey

Majority of Asian businesses and investors polled said that digital assets will reshape capital markets.

Over 9 in 10 or 91% of businesses and investors believe that digital and tokenised assets will become the standard in treasury operations within the next five years, according to a survey by HSBC.

Of 3,000 international businesses and institutional investors polled—of which 1,200 are in Asia—over 1 in 2 or 53% said that they do not understand enough to assess how their businesses will be impacted by digital finance.

Amongst Asian respondents, over 9 in 10 or 91% said that digital assets will fundamentally reshape capital markets over the next decade.

Over half or 53% believe that by 2035, global capital markets will operate on either primarily programmable, tokenised systems, or a hybrid model with more prominent digital than traditional infrastructure.

This is higher than their peers in Europe, the Middle East, or the US, HSBC said.