Bitcoin (BTC/USD) – $16 trillion in premarket stocks, real estate and other illiquid assets to be tokenized by 2030: BCG and ADDX

research out Boston Consulting Group (BCG) and ADDX came up with a figure of $16 trillion as a conservative estimate of the amount of assets that will be tokenized by 2030.

What happened: In a recent report examining the relevance of on-chain asset tokenization in a crypto winter, analysts at BCG and ADDX said several asset classes that are “limitedly accessible to wealthy investors” will soon be part of a cryptocurrency market large-scale tokenization industry.

The report’s authors named pre-IPO stocks, hedge funds, real estate, infrastructure projects, commodities and personal loans in their list of illiquid assets that could soon be on the chain.

“The total size of tokenization of illiquid assets worldwide would be $16 trillion by 2030,” BCG and ADDX said.

The authors noted that this estimate is a “very conservative projection” and that the tokenization potential could reach as high as $68 trillion by 2030 at best.

“Onchain asset tokenization helps rethink the end-to-end process of finding and matching investors with investment opportunities, and the subsequent secondary market opportunities after an investment,” they said.

Through this process, an issuer would mint digital tokens that represent a fraction of ownership of assets on the blockchain, guaranteeing the holder immutable and transparent ownership.

The report also highlighted that the leading digital assets Bitcoin BTC/USD and ether ETH/USD a drop of more than 70% from their all-time highs was reminiscent of the crypto winter of 2018. However, despite the recent crash, the report noted that blockchain developer activity continues.

See also: HOW DO LIQUIDITY PROVIDER TOKENS WORK

Price promotion: At press time, BTC was trading at $21,241, down over 5% in 24 hours. ETH traded at $1,606, down almost 8% over the same period.

Photo: Courtesy of BeatingBetting.co.u on flickr

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