According to a joint report by Boston Consulting Group (BCG) and ADDX, asset tokenization will grow 50-fold by 2030, creating a $16.1 trillion business opportunity.
Globally, assets such as real estate, stocks, bonds and investment funds, and patents are expected to see tokenized asset growth, the report noted.
Between 2022 and 2030, this number is expected to grow 50-fold, from $310 billion to $16.1 trillion, with tokenized assets expected to account for 10% of global GDP.
Sumit Kumar, managing director and partner at Boston Consulting Group’s Southeast Asia firm, said: “The crypto winter has strained capital for the entire blockchain industry. Some Web3 companies will be negatively affected. However, those that can show inherent value, scalability And projects that enhance the potential of the traditional financial ecosystem can benefit in this new context.”