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Polygon Exec: RWA a $30 trillion Opportunity

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2024-08-19 22:58:21
Colin Butler, head of global institutional capital at Polygon, said that tokenized real-world assets (RWAs) represent a $30 trillion market opportunity globally. High net worth individuals and private equity funds will drive adoption in this space as tokenization brings liquidity and accessibility.
Butler pointed out that the current tokenized real-world asset market has reached $11.66 billion and expects to grow significantly in the future. About $9 billion has been invested in tokenized private credit instruments, with major examples including KKR and Hamilton Lane. Butler expects tens of billions of dollars in tokenized private equity issuance in the coming years. Currently, tokenized RWAs held on blockchain networks are around $11.60 billion, with the most popular being tokenized money market funds such as the BlackRock USD Institutional Digital Liquidity Fund and the Franklin OnChain U.S. Government Money Fund.
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