Tokenization Bringing Blockchain Closer to Breakthrough

The tokenization of financial and tangible assets could be the «ideal use case» to help blockchain achieve its breakthrough. OneUS bank sees enormous potential within private markets in particular.

Highlights

• Citi report: When over a billion users find themselves using blockchain is when the technology will be deemed a success.
• The tokenization of financial and tangible assets could be the ‘ideal use case’ to help blockchain achieve its breakthrough.
• By 2030, CBDCs worth up to $5 trillion could be circulating in the world’s major economies, half of which could be linked to distributed ledger technology.
• Tokenization in private markets is expected to grow 80-fold and reach a value of nearly $4 trillion by 2030.
• Global market for outstanding equities and fixed-income securities is estimated at over $250 trillion.
• This would correspond to about 8 to 10 percent of the global trade finance volume.

---

Read the original article