Crypto

Crypto: $16 trillion in tokenized assets by 2030?

The Boston Consulting Group (BCG) recently made it clear that the value of tokenized assets is estimated at $16 trillion by 2030. Here are the benefits of asset tokenization according to BCG.

Blockchain: a real business opportunity!

For the strategic consulting giant, blockchain technology will be a big business opportunity by 2030. A recent report from the Boston Consulting Group (BCG) states that “on-chain asset tokenization” could raise the issue of their lack of liquidity.

According to BCG, the global value of tokenized assets on the blockchain will exceed $15 trillion within eight years. The firm specifically stated, “The total tokenization of illiquid assets worldwide by 2030 will be $16 trillion.”

At the same time, illiquid assets consist of land, works of art, goods and private capital.

BCG said these assets are often undervalued. They “usually trade at a discount to liquid assets and have a high stock-to-flow ratio. »

In addition, trading volumes in illiquid assets are less significant than trading volumes in liquid assets. It turns out that the tokenization of assets on the blockchain solves this problem. Such an operation helps to unlock the value of illiquid assets.

BCG explained that “the tokenization of network assets provides an opportunity to remove many of the barriers associated with the illiquidity of assets. For the strategic consulting giant, the global value of tokenized assets will reach $16 trillion by 2030.

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Avatar of Luke Jose Ajinaku
Luke Jose Ajinaku

The failed cryptocurrency investment in 2017 not only did not dampen my enthusiasm, but only increased my enthusiasm. Therefore, I decided to study and understand the blockchain and its many applications, as well as pass on information regarding this ecosystem with my pen.

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