Evernorth CEO says tokenized assets hit $400 billion in about 18 months

Evernorth's new report finds most tokenized assets still sit idle as ownership records, while the XRP Ledger carves out an institutional niche Tokenization has spent years as a conference-panel promise. According to Evernorth’s CEO, it has now become a roughly $400 billion reality, and it got there in about 18 months. The catch is that most of that value isn’t doing much. Evernorth’s own research suggests the bulk of tokenized assets behave more like digital filing cabinets than working financial instruments.