As digitalization takes over the financial industry, tokenization is becoming an integral part of tomorrow’s capital market. While making use of blockchain technology, tokenization securitizes assets in a digital way and creates a flurry of opportunities for assets, markets and potential investors.
The continuously growing tokenization market is expected to reach $16 trillion by 2030 in the illiquid segment alone, according to the Boston Consulting Group. In addition, the World Economic Forum predicted that up to 10% of global GDP will be managed on-chain by 2025. A similar figure was provided by banking giant HSBC, which estimates that up to 10% of all assets will be tokenized by 2030.
Without wasting any time, some market players like Brickken have already taken the first steps to capitalize on the growing demand. Brickken is a tokenization platform that is part of the Spanish-based company Brick Token, S.L. and aims to provide an all-in-one tokenization solution for businesses, entrepreneurs and investors focused on managing their digital assets.
Recognizing the company’s promising business model and long-term prospects, Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, will support Brickken with a wide range of content, branding, marketing, education, networking and investor relations solutions. As part of the alliance, Brickken will join Cointelegraph’s Accelerator Program, which was launched earlier this year.
One place to rule them all
Brickken’s flagship product, the Token Suite, helps companies convert real-world assets into blockchain-based
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Author: Cointelegraph
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