New research from Franklin Templeton highlights the potential of cryptographically protected wallets to transform investment portfolios by enhancing interoperability among various asset types. A wallet-based approach could streamline administrative processes, consolidating diverse investments—such as cryptocurrencies, NFTs, and tokenized securities—into a single tracking system. This innovation may reduce the complexity of maintaining multiple accounts across different brokerages and facilitate real-time transactions. Tokenization allows for fractional investments and continuous net asset value calculations, increasing portfolio flexibility and efficiency. Overall, this technology could enhance investor experience and drive competition among financial service providers.