The latest report released by 21.co shows that by 2030, the market value of tokenized assets will reach US$3.5 trillion in a bear market scenario and US$10 trillion in a bull market scenario.
This market value is derived from estimated penetration of the total addressable market across various asset classes, including non-financial corporate debt, real estate funds, private equity, securities collateral, trade finance and public debt securities.
Furthermore, the report also stated that blockchain will become the back-end infrastructure for every asset class in 2030.