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Crypto: A Future Gold Mine Of 30 Trillion Dollars

Fri 15 Nov 2024 ▪ 4 min read ▪ by Evans S.

The blockchain has already disrupted the global financial landscape, and this is just the beginning. According to experts, the tokenization of real-world assets (RWA) could explode to reach the colossal figure of $30 trillion by 2030. And who will be the architects of this revolution? Financial institutions, of course. But how is this momentum building, and why is the RWA sector on the verge of becoming the new gold rush of crypto? Let’s dive into the details.

Crypto 30 k

Institutions: The Vanguard of Tokenization

Crypto was once the playground of enthusiasts. It primarily attracted tech pioneers. Now, it is courting the giants of finance.

Jesse Knutson, Operations Director at Bitfinex Securities, affirms: it is financial institutions that will drive the growth of tokenization.

It’s not just about the established giants. It also includes more agile players. We think of family offices and other entities. These latter are ready to seize the opportunity.

“The fastest and most agile institutions will take the first significant steps, but the advantages of tokenization will eventually attract the big names in the financial sector,” explained Knutson.

A revolution is on the horizon. The tokenization of tangible assets is redefining the game. Whether it’s real estate, artworks, or traditional financial instruments, change is underway.

What blockchain offers is accessibility and traceability. Assets are recorded on an immutable ledger, increasing investor confidence and multiplying trading opportunities. In short, tokenization makes the exotic familiar and the inaccessible accessible.

A Spectacular Crypto Growth Trajectory

The forecasts are dizzying. According to analyses, the RWA market could multiply its size by more than 50 by 2030, potentially reaching that famous $30 trillion mark.

Even with more conservative estimates, the growth remains impressive. For Knutson, the trajectory of this sector will follow that of the crypto industry, which, let’s remember, saw bitcoin climb by over 116% in a year, supported by institutional interest and the approval of products like spot Bitcoin ETFs.

This buzz is attracting giants: BlackRock, UBS Asset Management, and many others are already exploring tokenization projects.

The challenge? To position themselves before this market becomes indispensable. Tokenization of securities and Treasury bonds, albeit still modest, had a valuation of $2.2 billion in October 2024. This shows the way.

It must be understood that this expansion is not just a passing trend. Tokenization is a structural shift, a transition towards a more decentralized and efficient finance. If the market reaches even the median forecast of $10 trillion, that would already represent a growth of over 54 times its current value. Not bad for a sector often underestimated, right? In the meantime, Chainlink joins Trump’s crypto project.

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Evans S. avatar
Evans S.

Fasciné par le bitcoin depuis 2017, Evariste n'a cessé de se documenter sur le sujet. Si son premier intérêt s'est porté sur le trading, il essaie désormais activement d’appréhender toutes les avancées centrées sur les cryptomonnaies. En tant que rédacteur, il aspire à fournir en permanence un travail de haute qualité qui reflète l'état du secteur dans son ensemble.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.