RWA Tokenization Could Hit $600B by 2030, Says BCG

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RWA Tokenization Could Hit $600B by 2030, Says BCG Real-world asset (RWA) tokenization is poised for substantial growth, with projections indicating that assets under management could soar to $600 billion by 2030.

This optimistic forecast comes from a recent report by the Boston Consulting Group (BCG), as reported by Cointelegraph.

David Chan, BCG Managing Director and Partner, emphasized the increasing investor demand for tokenized funds and highlighted the pivotal role of regulated stablecoins, tokenized deposits, and central bank digital currencies (CBDCs) in driving this expansion.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News RWA

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 11:01:15 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 988 words

Reading Time: 6 minutes read

Sentences: 49 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23337662

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 30 posts per day

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Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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