The digital asset landscape of the world's largest asset management giant is rapidly expanding. According to the latest financial report, its digital asset team has grown to 300 members, more than doubling from 120 at the beginning of 2024, representing a 150% increase.
The expanded department structure is now more diversified, divided into three core business lines, each focusing on different areas. First is the tokenized assets department, which is currently developing a tokenization platform for private equity funds. The first pilot project has been launched with a scale of $500 million — this shows they are not just talking the talk but actually taking real action. Second is the digital market infrastructure department, which is quite interesting; it is collaborating with the Federal Reserve and the European Central Bank to test wholesale CBDC settlement networks, directly engaging with policy-level initiatives. The third line is the client solutions department, mainly providing customized digital asset custody solutions and tax processing for institutional investors, serving as a critical backend support.
What is even more noteworthy is the leadership's stance. During the earnings call, they explicitly announced a five-year plan: to gradually migrate at least 10% of traditional assets (approximately $1 trillion) onto blockchain for settlement and record-keeping. This is not just empty talk but a genuine capital flow expectation.
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GhostChainLoyalist
· 8h ago
Damn, a scale of 300 people, this time they are really throwing money in. Moving $1 trillion onto the chain, if this thing works...
Traditional financial giants are truly all-in. Even if you look down on them, you have to admit they are playing this game aggressively.
The five-year plan has been announced, but we're just worried it might be another empty promise. However, with 500 million pilot projects already launched, it feels like this time is different.
The Federal Reserve and the European Central Bank are both collaborating on CBDC settlement testing. What does this mean? The policy layer has given the green light, everyone!
Our retail investors are still divided, but institutions have already started laying out the next era.
150% growth, no wonder it's the largest in the world. This is true all-in on blockchain.
CBDC has already connected with the central bank. If this is rolled out, the traditional banking system will need a reshuffle.
Tokenized private equity—feels like they are paving the way for future assets to go on-chain.
A real $500 million pilot, not just hype. This is what I believe in.
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RektRecorder
· 8h ago
This time, a 150% expansion, it seems it's not just talk—it's really all in.
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SmartContractWorker
· 8h ago
It's not just about expanding the user base; this is truly an all-in move into blockchain.
300 people are still in the early stages; once they move that trillion onto the chain, you'll see what it means to rewrite the rules of the game.
A $500 million pilot project? Wake up, that's just the appetizer.
Major asset management firms are already moving; what are retail investors waiting for?
The Federal Reserve and the European Central Bank are collaborating; policy-level recognition is there, so why are you still hesitating?
The key is real gold and silver being invested; it's not like some projects that only make promises on paper.
A trillion-scale chain migration—this concept is exploding, everyone.
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MentalWealthHarvester
· 8h ago
Whoa, one trillion dollars on the chain? This guy is really going big.
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MetaMasked
· 8h ago
$1 trillion flowing on-chain, is the wave really coming?
150% team expansion, not just hype or concept talk.
Tokenization of PE funds with a $500 million pilot, major institutions are getting serious.
Collaborating with the central bank on CBDC settlement, this is building the infrastructure.
The five-year plan directly targets $1 trillion in assets on-chain, what does that indicate? Capital truly believes in this path.
I just want to know which chain will become the main settlement layer.
Institutions that previously doubted blockchain are now hiring, isn’t that ironic?
This time is different. Looking at the financial reports of top asset managers, it’s not speculation; it’s a genuine strategic layout.
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OptionWhisperer
· 8h ago
1. A team of 300 people, this scale is indeed no joke, but can that 1 trillion really be realized?
2. A $500 million pilot sounds good, but the question is about liquidity—will anyone actually pay?
3. Collaborating with the Federal Reserve and the European Central Bank is impressive, indicating official recognition.
4. Tokenized private equity? The logic makes sense, but the actual operation would be very complex.
5. Who would have thought ten years ago that traditional finance would also go on-chain? Now it's a trend.
6. Wait, the truly valuable part is the institutional custody solution; consumer-level ones are all virtual.
7. 150% growth sounds impressive, but the question is when these people can create real value.
8. From 120 to 300, it feels like a real all-in move, and the risk is also high.
9. The goal of 1 trillion... emmm, let's just hype it up within five years.
10. The CBDC settlement network is the most imaginative part; if it really lands, it could change the entire landscape.
The digital asset landscape of the world's largest asset management giant is rapidly expanding. According to the latest financial report, its digital asset team has grown to 300 members, more than doubling from 120 at the beginning of 2024, representing a 150% increase.
The expanded department structure is now more diversified, divided into three core business lines, each focusing on different areas. First is the tokenized assets department, which is currently developing a tokenization platform for private equity funds. The first pilot project has been launched with a scale of $500 million — this shows they are not just talking the talk but actually taking real action. Second is the digital market infrastructure department, which is quite interesting; it is collaborating with the Federal Reserve and the European Central Bank to test wholesale CBDC settlement networks, directly engaging with policy-level initiatives. The third line is the client solutions department, mainly providing customized digital asset custody solutions and tax processing for institutional investors, serving as a critical backend support.
What is even more noteworthy is the leadership's stance. During the earnings call, they explicitly announced a five-year plan: to gradually migrate at least 10% of traditional assets (approximately $1 trillion) onto blockchain for settlement and record-keeping. This is not just empty talk but a genuine capital flow expectation.