Tokenized financial assets are off to a cold start but are expected to reach a market size of around $2 trillion by 2030, according to analysts at McKinsey & Company. 🚀
In an optimistic scenario, this value could double to about $4 trillion. Analysts say tokenization is gaining momentum, but widespread adoption is still far off.
Analysts predict cash, deposits, bonds, mutual funds and exchange-traded funds (ETFs), loans and assets will gain "meaningful adoption" first.
Analysts also say that tokenization is facing a "cold start problem" - where tokenized assets need users to have value.
Analysts say tokenization needs a use case where it offers benefits over the traditional financial system.
What do you think about the tokenization of finance? Please leave your opinion below in the comments section!#cryptocurrency#tokenization"