The crypto analyst is skeptical of the optimistic estimate that tokenized real-world assets (RWA) could be worth $30 trillion by 2030, instead suggesting that 5% of that amount is a more realistic target.

Jamie Coutts, chief crypto analyst at Real Vision, noted that if the current CAGR continues at 121%, we could see around $1.3 trillion in tokenized traditional assets by 2030.

The tokenization process involves the issuance of security tokens, which represent real digital tradable assets such as real estate, bonds, art, and stocks.

While Coutts believes Wall Street’s estimate is “overly optimistic,” he emphasizes that even his more conservative estimate could have a significant impact on the Web3 ecosystem.

What does it mean for Ethereum?

He argues that the “value accumulation” on Ethereum will be difficult to calculate because it is unclear how much market share layer-2 networks will capture.

McKinsey & Company says tokenized financial assets are off to a “cold start,” but are on track to reach a market size of nearly $2 trillion by 2030.

What do you think about this? We’re looking forward to your comments.