CoinVoice has recently learned that according to Bloomberg, as Wall Street leads crypto-native players in the field of tokenized real-world assets, mainstream institutions are faced with the question of whether to enter the gray area of decentralized finance.
This gray area, known as DeFi for short, includes projects that use automated software on blockchains to provide a variety of financial services. Such ecosystems are generally not controlled by any one party, are shrouded in regulatory ambiguity, and are open to a wide range of potential participants.
Standard Chartered Bank predicts that the tokenization market will reach approximately $30 trillion by 2034, of which trade finance will contribute 16%. Currently, the market value of cryptocurrencies is $2.4 trillion.
To date, approximately $13.2 billion in real-world assets have been tokenized. According to rwa.xyz, private credit is the largest segment, accounting for $8.4 billion, with U.S. Treasuries coming in second. [Original link]
