Press & News

Federal Reserve Governor Lisa Cook Cites Allium Data on Tokenized Assets

Federal Reserve Governor Lisa D. Cook cited Allium Labs data on U.S. tokenized asset growth in a May 2026 speech on tokenization and the financial system.

The Federal Reserve cited Allium data in a speech by Governor Lisa D. Cook, "Perspectives on Tokenization and Implications for the Financial System," delivered on May 8, 2026 at the Central Bank of West African States (BCEAO) Conference on Digital Assets in Dakar, Senegal.

What it is

Governor Cook discussed the growth of tokenization in financial markets and its implications for the financial system. Describing recent momentum, she said tokenized assets in the U.S. were "more than doubling their market capitalization in the last year to around $25 billion." A footnote attributes the underlying figure to Federal Reserve staff calculations using data from Allium Labs.

Why it matters

A sitting Federal Reserve Governor sourcing a headline tokenization figure to Allium places our data inside official U.S. central bank commentary on digital assets. The attribution is direct and named: Fed staff used Allium Labs data to size the U.S. tokenized asset market. The same onchain data tracking the growth of tokenized real-world assets is now informing policy-level discussion.

Attribution

Footnote 6 of the speech reads: "This was calculated by staff using data from Allium Labs."

Cook, L. D. (2026). Perspectives on Tokenization and Implications for the Financial System. Board of Governors of the Federal Reserve System. federalreserve.gov

Read the speech

Speech: federalreserve.gov/newsevents/speech/cook20260508a.htm

PDF: federalreserve.gov/newsevents/speech/files/cook20260508a.pdf

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