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This Crypto Sector Will Grow To $16 Trillion, Here’s How

Press Releases Crypto News Bitcoinist This Crypto Sector Will Grow To $16 Trillion, Here’s How

The world of crypto assets has seen significant growth in recent years, with the total market capitalization reaching over $3 billion in November 2021. A new sector within the cryptocurrency industry is poised to continue the trend and explode in growth terms.

According to the decentralized finance expert under the pseudonym “Edgy,” the real-world asset sector (RWA) is set to change the course of the nascent industry. Edgy believes that the real-world asset sector could reach a market cap of $16 trillion by 2030, which could catalyze cryptocurrencies into the mainstream.

What Is The Crypto Real-World Asset Sector?

The real-world asset sector uses blockchain technology to tokenize real-world assets, such as real estate, commodities, and other physical assets. Tokenization means converting ownership of an asset into digital tokens, which can be traded on a blockchain-based platform, making the asset more accessible to a wider range of investors.

To tokenize a real-world asset, a digital representation of the asset is created on a blockchain-based platform. This digital representation is divided into smaller units, or tokens, that investors can buy and sell. Once the asset has been tokenized, it can be traded on a cryptocurrency exchange like any other asset.

Tokenization of global liquidity by 2030. Source: Edgy on Twitter.

With this said, Edgy suggests that certain factors can act as “catalysts” to propel the growth of the real-world asset sector toward the target of reaching $16 trillion by 2030. Here are a few of them:

Amazon’s NFTs are rumored to be tied to real-world assets. The American multinational giant allegedly plans to launch its own NFT platform, which may be tied to real-world assets.
Moreover, Goldman Sachs launched GS Dap to tokenize traditional assets. GS Dap is a blockchain-based platform launched by the leading financial institution t

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Author: Ronaldo Marquez

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