Report: Asset tokenization to reach $30 trillion by 2030
A new report from the Security Token Market predicts that asset tokenization will reach $30 trillion by 2030, led by stocks, real estate, bonds, and gold.
The report argues that if the United States takes the right attitude towards cryptocurrencies, Congress will introduce new legislation to ensure market clarity on the classification of tokens (official taxonomy) and the structure of the stablecoin market. The passage of the bill will give the green light to the application of blockchain in the US capital markets. Stablecoins and revenue coins (treasury-backed tokens) will grow significantly from the current $220 billion, and could reach $3 to $5 trillion by 2030 if business applications, digital asset growth, and on-chain revenue demand are taken into account. This RWA use case will become a settlement solution and payment channel for the entire capital markets.