Tokenization liquidity, not access, is the real blocker

At Cointelegraph's CONNECT event in Singapore, a GSR executive identified liquidity as the primary barrier holding back tokenized asset markets. The argument, as reported by Cointelegraph on 16 October 2026, is that the product layer is largely solved: you can tokenize real-world assets, funds, and structured products. The unsolved problem is secondary market depth. Buyers and sellers cannot yet reliably transact at scale without their own order flow moving the price against them.

The same panel also covered stablecoin payments as an everyday instrument, and the shifting environment for crypto investors in the region.

This is a meaningful reframe for APAC operators and treasurers who are evaluating tokenized assets as treasury diversification or yield tools. The standard concern in this region has been regulatory access: can we hold this, can we custody it, is the issuer licensed. That concern is real but increasingly manageable through licensed structures in Singapore, Hong Kong, and the Philippines.