As the thematic landscape changes – so may the ways we invest in it, including tokenized exposures.
From AI, to cryptocurrency, to geopolitical fragmentation and infrastructure, themes are driving markets and changing our daily lives. Our 2026 thematic outlook explores 10 key charts that illustrate what we’ve learned, what has changed, and a look
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AI is shifting from basic chat prompts to complex, multi-step tasks, driving exponential compute demand and deeper enterprise integration, as evidenced by a 17x increase in weekly token usage since 2024.
With defense spending at 4x the level of AI-related construction, investor focus may increasingly shift toward digital defense technologies and cybersecurity, offering potential for portfolio diversification and exposure to evolving geopolitical risks.
Tokenization is accelerating, with Ethereum capturing over 65% market share, enabling broader asset access beyond cash and Treasuries and signaling structural change in how investors may allocate capital.
