“I think we’re going to see a lot of mainstream impact from something tokenized that people can buy that they used to have a hard time getting access to,” Galindo said.
“I think that’ll probably be the first way crypto hits the people that aren’t just in it all the time and thinking about it all the time. It’s going to be some kind of tokenized product.”
Galindo also said wealth management clients are becoming more comfortable with digital assets as investment options continue to expand beyond bitcoin.
“A lot of people just stopped at bitcoin and said, ‘I’ve got that covered. I don’t want to get it more complicated,'” he said. As more exchange-traded funds and tokenized products become available, he expects investors to spend more time deciding how digital assets fit within broader portfolios.
Ali Wallace, Morgan Stanley Investment Management’s global head of capital markets and ETF strategy, said product development is already evolving…
