Standard Chartered, a financial services firm, predicts that real-world asset tokenization could become a $30 trillion market by 2030. Tokenization refers to the process of converting rights to an asset into a digital token on a blockchain network. This allows for fractional ownership, more liquidity, and easier trading of these assets.
Tokenization could revolutionize industries such as real estate, private equity, and venture capital. The global market for tokenized assets is expected to grow rapidly, with new platforms and technologies emerging to support the development of this market.