According to BlockBeats, analysts from consulting firm McKinsey have predicted that the market size of tokenized financial assets, despite a 'cold start', is expected to reach approximately $20 trillion by 2030. In an optimistic scenario, this value could potentially double to around $40 trillion. Tokenization has shown 'obvious momentum', but widespread adoption is still far off due to the challenging nature of modernizing existing financial infrastructure, especially in heavily regulated industries such as financial services.
The analysts noted that while tokenization has gained significant momentum, it still has a long way to go before it becomes widely adopted. This is largely due to the challenges associated with modernizing existing financial infrastructure. This is particularly true in heavily regulated industries like financial services, where changes to established systems and processes can be difficult to implement.
Despite these challenges, the analysts remain optimistic about the future of tokenized financial assets. They believe that by 2030, the market size of these assets could reach approximately $20 trillion. In a more optimistic scenario, this value could potentially double to around $40 trillion. This prediction highlights the potential of tokenization in transforming the financial industry and creating new opportunities for growth and innovation.