HomeCrypto GamingTokenization Might Be a $5T Opportunity: Bernstein

Tokenization Might Be a $5T Opportunity: Bernstein

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The advantages of tokenization are easy, the method brings operational efficiencies and improved liquidity and accessibility, Bernstein mentioned in a analysis report on Tuesday. Tokenization is the method by which real-world belongings are transformed into blockchain-based tokens. Bernstein estimates that the scale of the tokenization alternative might be as a lot as $5 trillion over the subsequent 5 years, led by stablecoins and central financial institution digital currencies (CBDC), non-public market funds, securities and actual property. Forex tokenization, by way of stablecoins and central financial institution digital currencies, will see software in on-chain deposits and funds, the report mentioned, with about 2% of worldwide cash provide to be tokenized over the subsequent 5 years, which is about $3 trillion, the report added.

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