Markets Outlook

70% of tokenized assets fall short on transparency, report finds

Oct 1, 2026
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Chronicle Founder Nik Kunkel joins CoinDesk's Kate Irwin on Markets Outlook to unpack their new report that found over $12 billion in tokenized assets falling short on transparency. Kunkel breaks down the five pillars every tokenized asset needs to meet, why roughly 70% of the assets reviewed don't clear the bar, and what real-time, verifiable proof-of-asset data means for institutions like BlackRock, BNY Mellon and Galaxy racing to bring trillions onchain.
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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.
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Timecodes:

00:00 - Niklas Kunkel Joins Markets Outlook

02:21 - Chronicle's New Report: Tokenization's Hidden Problem

03:50 - $12.3B Exposed: 70% of Tokenized Assets Fail the Test

06:12 - The Five Pillars Every Tokenized Asset Needs

08:18 - How to Achieve Proof of Asset

10:47 - Why Risk Isn't Priced In

12:57 - BlackRock, BNY Mellon and the Road to Real-Time Regulation