🚨 $2 Trillion by 2030: Tokenised Assets Market – Insights from McKinsey Report 📈

Key takeaways from this report:

1. #Tokenization involves creating unique digital assets on a #blockchain.

2. Tokenization is already happening on a large scale – trillions of dollars are transacted on the blockchain monthly.

3. Larry Fink from #BlackRock envisions widespread #tokenization across all financial assets.

4. The market capitalization of tokenized assets could reach around $2 trillion by 2030.

5. The adoption of tokenization is expected to occur in multiple waves, starting with use cases that have proven ROI.

6. Broader adoption faces regulatory challenges and technical complexities.

7. The most popular asset classes likely to lead in tokenization are #cash and #deposits, #bonds and exchange-traded notes (#ETNs), #mutualfunds and #ETFs, as well as #loans and #securitization.

8. Tokenized assets can improve operational efficiency, reduce costs, and increase transaction speed.