Bank of America recently cited RWA tokenization as a key driver of digital asset adoption. According to a Bank of America report, the tokenized gold market has attracted over $1 billion in investment.
Demand for tokenized U.S. Treasuries is also growing, with the total market value of tokenized money market funds approaching $500 million, according to data compiled by CoinDesk.
Global business consulting firm Boston Consulting Group predicts that the market for tokenized assets could surge to $16 trillion by 2030.