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Gracy Chen, chief executive officer (CEO) at Bitget, shared her perspective on the current stage of tokenized assets. She stated that tokenized assets currently comprise less than 1 percent of the market, with an ambition to achieve 10 percent of traditional finance (TradFi) by 2030.
Chen emphasized that this development is still in its early phases and underscored the ongoing efforts being made toward this target.
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Chen recently addressed abnormal price activity for TUT, BICO, and LOBSTER tokens, confirming risk controls and internal reviews at Bitget in response to these incidents, according to previous statements from the CEO. She has also commented on the difficulties faced by exchanges during periods of crypto downturn, noting the challenges for struggling platforms in recent remarks. These earlier issues form the backdrop for current initiatives focused on tokenized assets.