Nearly 90% of businesses are turning to tokenised money, DBS survey shows
The story in brief
A recent survey conducted by the Digital Banker Society indicates that approximately ninety per cent of businesses are now adopting tokenised money. This significant shift suggests that digital asset integration is becoming a standard operational practice rather than a niche experimental activity. The data highlights a rapid industry-wide move towards blockchain-based financial instruments, reflecting a broader transformation in how commercial entities manage liquidity and transactions. For professionals, this signals a critical inflection point where traditional finance intersects with emerging digital technologies, necessitating a review of current strategic and technical competencies.
What this means for your career
You must adapt your skill set to remain relevant in this shifting landscape. Technical proficiency in blockchain architecture and digital asset management is now a premium asset. However, regulatory compliance and risk mitigation are equally vital, as legal frameworks evolve rapidly. You should actively seek training in fintech innovation and smart contract auditing. If you work in finance, prioritise understanding tokenisation mechanics to advise clients effectively. For IT professionals, focus on secure ledger implementation. Do not ignore this trend; instead, integrate these competencies into your development plan. Engage with industry reports and consider specialising in digital currency regulation to secure future career opportunities.
Original reporting: Miami Herald ↗
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