Tokenized RWAs Could Grow to a $10T Market by 2030.

TOKENIZED REAL-WORLD ASSETS.

Weekly tokenized assets insights, read time: 3 minutes.

TOP NEWS:

1. Tokenized RWAs could grow to a $10T Market by 2030 as Crypto Converges to TradFi: Detailed report here: Coindesk.

2. $840 Billion global bank Standard Chartered to launch Bitcoin and Crypto custody services in Dubai. Find the full story: TokenizedAssets

3. Reserve Bank Australia: tokenization could save US$11 billion annually in Australia. Full article is here: TokenizedAssets

4. Moscow Stock Exchange looking to issue tokenized real estate assets by 2024. Read it here: TokenizedAssets

5. MakerDAO, the decentralized autonomous organization behind the Maker protocol, is considering a proposal to add tokenized uranium as collateral for its stablecoin, DAI.

6. Tokenized Blackrock money market shares are introduced by JPMC and trading is active.

7. U.S. government bonds – experienced more than 450% growth this year. Surging interest rates on these traditional instruments fueled the expansion, surpassing yields available on decentralized finance (DeFi) lending markets.

8. Ripple’s CTO David Schwartz shared that tokenization and real-world asset (RWA) efforts on XRRP are likely to occur in 12-18 months.

CHART OF THE WEEK:

The tokenization of illiquid assets is estimated to be a US$10T business opportunity by 2030:

TOKENIZATION PLATFORM UPDATES:

1. 3Blocks: Revolutionary real estate tokenization platform is co-sponsoring the tech event in Brampton Canada. 3Blocks is unveiling best in class affiliate marketing program. Read the full story here: TokenizedAssets

2. Tokenized influencer market StarsArena is back in action after $2 million exploit is fixed.

3. Tokenized assets marketplace Untangled Finance went live.

4. Tokenized Asset Loan worth $20M at Risk of Losing $7M on DeFi Platform Goldfinch. Read the full story here: TokenizedAssets

MEME OF THE WEEK:

Until next time!

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