Tokenization of illiquid assets to reach $16T by 2030 — Report
A large chunk of the world's wealth today is locked in illiquid assets, notes the report's authors. The total size of tokenized illiquid assets, including real estate and natural resources could reach $16.1 trillion by 2030, according to the Boston Consulting Group (BCG).In a newly released report from BCG and digital exchange for private markets ADDX, authors including BCG managing director Sumit Kumar and ADDX co-founder Darius Liu noted that “a large chunk of the world’s wealth today is locked in illiquid assets.”According to the report, illiquid assets include pre-IPO stocks, real....
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Tokenization provides new liquidity to the real estate market by making it easier for people to trade and invest in properties. A few years back, the concept of owning and trading fragments of physical real estate might have seemed too far-fetched for many. But with the advent of blockchain technology, real estate tokenization is providing new opportunities for fractional ownership and investment.Blockchain technology’s long-overdue debut in real estate has made real-world asset tokenization a heavily-discussed topic in the industry. After all, tokenization ticks all those boxes that are....
A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights company, found that the rising demand for this kind of instrument — due to its growing number of applications — will fuel growth of the market.
NFT Market to Reach $200 Billion, Fueled by Growing Demand
Non-fungible tokens (NFTs) are becoming more popular due to their wide array of applications in different industries. A recent report issued by Grand View Research, a market insights company,....
Alameda Research is on thin ice if we’re to believe the latest report. Sam Bankman-Fried’s trading firm appears to have most of its assets in illiquid altcoins, which is bad enough. Worse even is that the lion’s share of its assets is in FTT, the token created by his derivatives exchange FTX. If that’s true, […]
Cost efficiencies, improved liquidity, 24/7 market access, and the removal of intermediaries were the main advantages' cited which blockchain infrastructure has over current legacy systems. In five to ten years, almost every “real world” asset class could be tokenized in the form of a nonfungible token (NFT) according to Cynthia Wu, co-founder of digital asset service platform Matrixport. Speaking to Cointelegraph, Wu said the best case for NFTs would see the widespread representation of real-world assets to be stored and traded on-chain:“Eventually all the major financial asset classes....
For years, tokenization has been hyped to be one of the most interesting use cases of blockchain, but it hasn’t gained its momentum yet. For years, experts have been talking about how tokenization — the act of creating a digital representation of an asset on a distributed ledger — of a financial or real asset can unlock trillions in illiquid assets, giving retail investors access to investments with previously high minimum capital requirements thanks to fractional ownership or settle trades on a distributed ledger instantly. But if we investigate the current tokenization offerings, none is....