Is a Tokenized asset revolution coming?

It looks like it. A new report from Chainlink says the global tokenized asset market could reach $10 trillion by 2030. The total market size is currently estimated at around $118.5 billion.

Ethereum dominates the space, with 58% of all tokenized assets issued on its network. Analysts believe that the market’s growth could “bring liquidity to historically illiquid assets,” such as real estate and private equity. And initiatives like Project Guardian envisage the gradual tokenization of bonds and deposits based on the blockchain with the support of regulators.

“[Tokenized assets] not only become more accessible but can also be incorporated more efficiently into the processes of financial institutions,” noted experts from Chainlink.

What else will help the development of the industry? Analysts are inclined to believe that this will be an increase in the interest of institutional investors, the introduction of blockchain technology and the creation of a regulatory framework. A study by BNY Mellon and Celent cited in the report found that 97% of institutions agree that tokenization “will revolutionize asset management.”