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Tokenized Asset Market Expected to Reach $16 Trillion by 2030 with Public Blockchains at the Forefront

Tokenized Asset Market Expected to Reach $16 Trillion by 2030 with Public Blockchains at the Forefront

CointimeCointime2024/10/30 15:45
By:Cointime

According to Boston Consulting Group, the tokenized asset market is expected to reach $16 trillion by 2030. Public blockchains are playing a crucial role in bringing traditional financial assets on-chain, providing operational efficiency, enhanced security, trust verification, and revenue-generating opportunities. While some blockchains are fully open and permissionless, allowing anyone to view transactions and participate as validators, others have permissioned elements that offer compliance and controlled participation within the same open network.

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