国际货币基金组织 (IMF) 发出严厉警告，称股票、债券和银行存款等金融资产在区块链网络上的快速代币化可能会加剧全球金融市场冲击的频率和严重程度。
国际货币基金组织承认代币化的潜在好处，包括更快的结算时间和降低的交易成本，但在 7 月 2 日的博客文章中强调，消除传统市场“摩擦”也消除了有助于遏制系统性风险的关键缓冲。
“Frictions disappear — but so do buffers,” the IMF wrote, cautioning that the speed enabled by smart contracts and shared digital ledgers leaves little time for banks or regulators to detect and respond to anomalies before they escalate.
Tokenization enables new forms of digital money, such as tokenized bank deposits, stablecoins pegged to fiat currencies, and tokenized central bank reserves.这些创新正在推动寻求效率提升的银行、经纪公司和交易所越来越多地采用。
However, the IMF highlighted two major concerns: first, the absence of processing delays—which it argues are not mere inefficiencies but vital safety mechanisms—and second, the concentration of activity on a few dominant platforms.该机构指出：“治理失败可能会演变成系统性事件。”
总之，国际货币基金组织强调，广泛的代币化“增强了运营弹性、网络安全和危机管理的重要性。”
截至报告发布时，比特币交易价格略低于 62,000 美元