Asset tokenization

Asset tokenization

The World Economic Forum forecasts that 10% of global GDP will assemble into cryptographic assets in the next decade, comprising 10 trillion dollars. Thereby, tokenization market size will reach $2.67 billion in only four years from now, with North America predicted as the largest market, according to the recent MarketsandMarkets research. Transparency Market Research, in their turn, are forecasting the asset tokenization market to grow up to $6.9 billion dollars by 2026.

Such major solution providers as Visa and Mastercard, Dell Technologies, CipherCloud, TokenEx, Ingenico ePayments, Verifone and others are joining the tokenization wave.
Regardless of diversity in predictions, all the research companies and reports are pointing to the fact that this market s is the next big thing and one of the key fintech trends coming up.

So, what is the definition of asset tokenization, how to tokenize assets, and what are the pros and cons of this process? Find all the replies to these questions and more in this article, brought to you by blockchain experts from Inn4science.