Citi sees $4 trillion market potential for tokenized assets, calls it blockchain's 'killer use-case'

Momentum on the adoption of blockchain technology has positively shifted, say researchers at Citi.

Highlights

Citi: Up to $4 trillion in tokenized digital securities and up to $5 trillion of central bank digital currency could be circulating in major economies in the world.
The space is approaching an inflection point, say researchers at Citi say.
The potential for tokenization via blockchain technology has been touted for some time now, but it’s not quite at the point of mass adoption, says Citi’s Kathleen Boyle.
Mainstream adoption requires enablers including, decentralized digital identities, zero-knowledge proofs, Oracles, and secure bridges, she says.
BlackRock’s Larry Fink wrote about the potential of the underlying technologies in digital assets in his annual letter to shareholders earlier this month.

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