Negative impactSector
Tokenisation could threaten 25-30% of wealth management revenue: Morgan Stanley
BusinessLine 1 hr ago·26 Oct 2026, 4:29 am
Morgan Stanley has released a report suggesting that the rise of tokenised real-world assets could significantly disrupt the wealth management industry. The investment bank estimates that this digital transformation could eventually threaten 25-30% of the sector's revenue streams, as assets like stocks and bonds move onto blockchain networks.
This shift matters to investors because it signals a major technological overhaul in how financial products are created, traded, and settled. While tokenisation promises greater efficiency and accessibility, it forces traditional asset managers to adapt their business models or risk losing market share to new digital-native competitors.
Investors should watch how established financial institutions respond to this trend. The coming years will likely see a race to integrate blockchain technology, which could reshape the competitive landscape of the broader financial services sector.
Excerpt from BusinessLine
The growing adoption of tokenised assets and digital forms of money could put pressure on a key revenue source for wealth managers, with net interest income accounting for 25-30 per cent of their total revenue, according to a report by Morgan Stanley. The report said the expansion of digital assets, including…Read the original at BusinessLine
Key takeaways
- Category: Sector.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
