Every Asset Tokenized in 5 Years, Says TD Ameritrade Ex-Chair – But Not Everywhere

Former TD Ameritrade chairman Joe Moglia declared on Tuesday that every financial asset will be tokenized within five years, warning that traditional finance has yet to fully accept this inevitable ￰0￱ on CNBC , Moglia stated, “ Five years from now, there’s not going to be a stock, there’s not going to be an option, not going to be a mutual fund, ETF, anything that’s not in effect tokenized. “ The prediction comes as real-world asset tokenization has surged past $33.91 billion, up 10.14% in 30 days, with the number of asset holders reaching 483,892, according to RWA. xyz.) October 15, 2025 Moglia revealed that FG Nexus is tokenizing its reinsurance company. “ We are looking at tokenizing that risk.

We’re in the process of taking a look at that now, ” explaining that the firm is now moving towards institutional ￰1￱ led RWA growth, reaching $3.31 billion, a 31.14% monthly increase, as tokenized gold surpassed $3 billion in value.