30s Summary
The real-world asset (RWA) tokenization sector, which includes things like stablecoins, is predicted to surge over 50-times by 2030, and could be valued between $4 trillion to $30 trillion. This significant growth could reshape financial markets and the way we invest, trade, and own assets. Advantages of RWA tokenization include faster and more economical transactions, no requirement for a middleman, and no impact from geopolitical boundaries. Also, further advancements in RWA can result in significant improvements in the decentralized finance (DeFi) space.
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2024 has been a great year for real-world asset (RWA) tokenization, which is the process of transforming tangible and valuable stuff into tokens on a blockchain. Now, experts predict this sector could skyrocket, seeing a more than 50-fold increase by 2030, according to a report from Tren Finance.
Most experts predict that the RWA sector could be worth between a massive $4 trillion and $30 trillion. If you take the middle of that range, around $10 trillion, it’s like saying this sector could grow about 54 times from where it’s currently at!
For context, right now, the sector which includes things like stablecoins, is valued at just $185 billion. But given the speed at which things are moving, RWA tokenization could soon start to take up a huge chunk of the global financial markets, reshaping the world of finance along the way. How we invest, trade and own assets could all be impacted.
One of the main things drawing attention to RWA tokenization is the major benefits it can bring to many different industries, especially the financial sector. By tokenizing assets, it could make transactions faster, cheaper and do away with needing a middle man. Plus, things can happen without the hassle of geopolitical boundaries, according to Christian Santagata, the product marketing manager at RWA protocol re.al.
Continuing to build and develop RWA could also lead to big improvements in the decentralized finance (DeFi) space – a form of finance that does without the conventional financial intermediaries like banks.
Source: Cointelegraph