Standard Chartered: Tokenization market to reach $30.10 trillion by 2034
2024-06-27 11:09:55
Hit banking synpulse today release copy about tokenization realdesk3cryptocurrencydesktopCrypto News
Standard Chartered and Synpulse today released a report on tokenized real assets (RWA), with a particular focus on trade finance. They expect the tokenized market to reach $30.10 trillion within a decade, with trade finance accounting for 16% or $4.80 trillion, and this segment will rank among the top three in global tokenized assets. However, the bank notes that only 80% of export markets currently receive financing, so there may be another 10% of the trade finance gap that has not been disclosed. In this case, given that global trade is expected to reach $32.60 trillion by 2030, the gap will be close to $5 trillion.
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