Much of the world’s wealth is held in illiquid assets, and according to the Boston Consulting Group and ADDX, $16.1 trillion in illiquid assets will be tokenized by 2030.
Illiquid assets include assets that are difficult to sell, such as real estate, shares of pre-listed companies, private debt, various pension bonds, physical art, and exotic drinks. What makes such assets illiquid is the high cost for the mass investor, the lack of experts among asset managers, access restrictions, regulatory problems, and a number of other factors. However, the tokenization of illiquid assets can solve most of these problems.
In their report, analysts including BCG Managing Director Sumit Kumar and co-founder of ADDX digital exchange Darius Liu write that in 2022 the volume of tokenized illiquid assets will be about $310 billion. by 2030 will reach $16.1 trillion. The authors of the report noted that this is a “very conservative forecast”, since the volume of tokenized illiquid assets could reach $68 trillion by 2030.
Earlier, the authorities of Colombia spoke about the land tokenization project, but at the moment the project has been suspended.
Source: Bits
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