Turning real assets into tokens on blockchain has $15 trillion market potential | Future Focus
Turning real assets into tokens on blockchain has $15 trillion market potential | Future Focus
In this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon explored the anticipated growth in the tokenization of real-world assets with Outlier Ventures Research Lead Jasper De Maere.
This includes sovereign bonds, bank-issued debt, and real estate on the blockchain.The estimated total addressable market for real-world asset tokenisation is projected to reach between $10 trillion to $15 trillion by the end of the decade, according to Outlier Ventures' Tokenising Real World Assets 2024 Thesis.
De Maere highlighted the transformative impact this technology will have on industries like financial markets, manufacturing, healthcare, and infrastructure over the next decade.
He emphasised the benefits of tokenisation, including increased accessibility and liquidity for financial products, real estate, and art, along with improved transparency and security through blockchain features.