1
0
Ripple Labs and Boston Consulting Group (BCG)’s recent report reveals a shift in traditional investment towards tokenized assets.
On the 7th of April, Ripple Labs and BCG released a joint report revealing an ongoing shift by traditional investors. According to the report, the traditional asset market is on a “three-phase evolution’ with 3 major financial giants on the move. These early adopters of real-world tokenized assets include BlackRock, Fidelity, and JPMorgan.
The report further added;
A “flywheel effect” is driving adoption, where institutional supply and investor demand reinforce each other.
Institutional adoption could fuel market growth
With most traditional investors cautious on decentralized finance (DeFi) markets, real-world assets(RWAs) could be their entry into this market. Similarly, adoption by traditional finance institutions builds trust among them. Capital inflow into tokenized assets could see the market hit $19 trillion by 2033, per Ripple Labs.
While the crypto market remains volatile, the RWA market could catalyze its maturity and stabilization in the long run. Tokenized assets are steadily rising in market capitalization and are a “must-watch” item in digital asset portfolios for the coming months.
[…] recent report by Ripple Labs and BCG revealed that the tokenization market could hit $19 trillion by […]