Global Financial Systems Moving Towards Tokenization, Market to Exceed $24 Trillion by 2027, $16 Trillion by 2030

The global financial landscape is rapidly evolving towards the tokenization of assets, a trend highlighted by several industry experts and reports. Selva Ozelli argues that tokenization is the inevitable direction for global financial systems, markets, and institutions. Boston Consulting Group estimates that tokenized assets could reach $16 trillion by 2030. The rise of 'phygitals,' blending real-world assets with digital counterparts, is gaining momentum. Major players like BlackRock are entering the space, with the global market for tokenized assets projected to exceed $24 trillion by 2027. BlackRock's BUIDL fund is nearing $500 million in assets under management and could reach $1 billion within a few months. There are approximately 30 apps with $1 billion or more in total value locked (TVL) in the entire crypto market. The Real World Assets (RWA) sector is expected to reach $10 trillion by 2030, driven by projects within the $DOT ecosystem.