McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'

Many institutions are still in 'wait and see' mode while early movers can capture 'oversized market share,' the report added.

Tokenization emerged as one of the hottest use cases for blockchains during this bull market as global asset managers and banks put traditional assets on blockchain rails for operational efficiencies and broader access.

The McKinsey report stated that tokenization is at a 'tipping point,' with projects moving from pilot stages to deployment at scale, projecting a $2 trillion market size by 2030.

Read at Coindesk