Posted 1/22/2024, 6:00:00 AM
Financial Giants Eye $10 Trillion Opportunity in Tokenizing Real-World Assets on Blockchain
- Tokenization of real-world assets like bonds, debt, and real estate on blockchain has $10-15 trillion total addressable market by 2024
- Benefits include increased accessibility, liquidity, transparency and security through blockchain
- Financial markets can gain efficiency and unlock new use cases through tokenization
- Major financial institutions like banks and asset managers are exploring tokenization through pilots
- Outlier Ventures focuses on growing and accelerating companies in real-world asset tokenization space