Global financial innovation worth $400B can be unlocked through blockchain.

Blockchain technology is on the verge of revolutionizing the financial sector and unlocking a massive $400 billion revenue opportunity for asset managers, according to Colin Butler, the head of institutional capital at Polygon. In an exclusive interview with Cointelegraph, Butler explains how blockchain protocols are enabling the tokenization and fractionalization of private assets, which has the potential to disrupt the global finance landscape. Butler points to examples of mainstream institutions, such as Siemens and Franklin Templeton, who have already implemented blockchain technology to improve business operations and reduce costs. He also highlights the $400 billion opportunity in the private asset sector, where asset managers and banks can leverage blockchain to widen the distribution of private assets and target a larger market. Butler emphasizes that the technology itself is driving the change, offering solutions that are significantly better than traditional systems and attracting mass adoption from institutions. Finally, Butler discusses Polygon’s role in centralizing liquidity and improving the user experience through protocol upgrades and the release of an open-source prover.