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For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says

CoinDesk· Omkar Godbole· Jul 14, 2026 · 2:05 PM
For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says

Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.

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