Citi estimated the tokenized securities market at $4 trillion by 2030

31.03.2023 11:37
By 2030, the capitalization of security tokens will reach $4 trillion, and the volume of CBDC in circulation will be $5 trillion, of which half will be associated with DLT. Such conclusions are contained in the Citi study, writes The Block.

Kathleen Boyle, editor—in-chief of Citi GPS, called the tokenization of financial instruments and real-world assets a "killer" among use cases - what the blockchain needs for a "breakthrough".

According to the expert, the potential has not yet reached the stage of mass implementation. Blockchain is a server infrastructure technology without a noticeable consumer interface, its innovations are less noticeable.

According to Boyle, the industry has approached the inflection point, after which the potential of DLT will be revealed.

"The implementation will happen when the blockchain audience exceeds a billion users who will not even realize that they are using this technology. The situation will become possible thanks to the launch of CBDC, tokenized assets in games and DLT—based payments in social networks," she explained.

Mass adoption will require auxiliary tools — decentralized identification solutions, zero-knowledge proofs, oracles and secure bridges. Legal aspects that ensure popularization and scalability without hindering innovation are also important, the specialist pointed out.

"There are six to eight years left before mass implementation. The dynamics have changed positively — governments, large institutions and corporations have moved from studying the benefits of tokenization to testing and proof of concept," explained Boyle.

Earlier, Larry Fink, CEO of BlackRock, spoke about the potential of the technology to improve efficiency in the capital markets. 

Recall that Moody's pointed out the possibility of saving money and increasing the transparency of their use for municipalities when issuing bonds using blockchain.


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