The post McKinsey Report Reveals Broader Tokenisation Adoption Still Far Away appeared first on Coinpedia Fintech News
Mc Kinsey and company in a report predicted that even in an optimistic scenario by 2030, the tokenized asset market might just be $4 trillion as financial institutions embrace blockchain technology for traditional financial instruments at a slower pace and a limited range of assets. It noted that the number could be as low as …
The post McKinsey Report Reveals Broader Tokenisation Adoption Still Far Away appeared first on Coinpedia Fintech News
Mc Kinsey and company in a report predicted that even in an optimistic scenario by 2030, the tokenized asset market might just be $4 trillion as financial institutions embrace blockchain technology for traditional financial instruments at a slower pace and a limited range of assets. It noted that the number could be as low as $1 trillion. The company said that Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, and loans. In its base case, the company has estimated the tokenized asset market to reach nearly $2 trillion market size by 2030 excluding tokenized deposits, stablecoins, and CBDCs.
