Market Value Projection for Tokenized Real-World Assets
McKinsey, a leading consulting firm, forecasts the market value of tokenized real-world assets to potentially reach $4 trillion by 2030. In a more conservative scenario, this market capitalization could still rise to around $2 trillion within the same timeframe. The adoption of tokenized assets is expected to be primarily driven by mutual funds, bonds, exchange-traded notes, loans, securitization, and alternative funds.
Factors Influencing Adoption of Tokenized Assets
McKinsey suggests that the adoption rate and timing of tokenized assets may vary across different asset classes, depending on factors such as expected benefits, feasibility, time to impact, and market participants’ risk appetite. Asset classes with higher market value, greater friction in the current value chain, less mature infrastructure, or lower liquidity are likely to benefit more from tokenization.
Challenges and Opportunities in the Tokenization Landscape
Despite the promising outlook for tokenized real-world assets, McKinsey highlights potential risks for early movers in this evolving landscape. Regulatory and legal uncertainties in various jurisdictions pose challenges, and the widespread availability of wholesale tokenized cash and deposits for settlement is still a pending development. As the industry progresses, both risks and rewards are to be considered by participants.
