Real World Asset (RWA) tokens are the next 50x trend in the digital assets industry, according to a recent report from Tren Finance.
RWA tokens represent a range of assets, including stablecoins, securities and treasuries, commodities, real estate and others.
The report’s respondents, which include some of the biggest financial institutions and business consulting firms, reached a median consensus of a market size of $10 trillion by 2030. That would represent an increase of more than 50 times the current market size.
More about RWA tokens and why they matter
At the beginning of 2024, BlackRock (NASDAQ: BLK) CEO Larry Fink saw BTC spot ETFs as “stepping stones” to widespread tokenization. As the year progressed, that view only gained momentum on Wall Street and elsewhere.
RWA tokenization is a specific kind that involves creating digital tokens on a blockchainto represent underlying real-world assets. For example, a token might represent a barrel of oil, a share …