The International Monetary Fund (IMF) stated that tokenized repos currently average $300 billion to $350 billion in daily trading volume, while other tokenized assets total approximately $65 billion. These figures remain negligible compared to the $13 trillion daily U.S. repo market and $300 trillion in global capital market assets, indicating the sector is still extremely small despite rapid expansion. The IMF warned that scaling tokenization without proper safeguards could amplify traditional financial risks, including liquidity runs, sell-offs, and contagion. The organization urged policymakers to establish legal certainty, clear regulatory frameworks, and interoperability between tokenization platforms and traditional financial systems. Recommendations include adopting a technology-neutral approach, clarifying legal rights for tokenized assets, ensuring consistent regulation for similar activities, and continuously monitoring interconnectedness and leverage risks.