Speaking during a panel discussion on digital assets, Betsy Graseck, Morgan Stanley's global head of banks and diversified finance research, argued that the move to tokenized assets is about far more than cryptocurrencies. Instead, she said, the focus is on rebuilding financial infrastructure for an always-on economy. "I do phrase it as, look, this is the end of banker hours," Graseck said. The comment reflects a broader trend taking shape across financial markets. While cryptocurrencies demonstrated that round-the-clock markets were possible, executives said the same infrastructure is increasingly being applied to traditional assets.