The tokenization industry has seen interest blossom over the last few years, with many key financial incumbents jumping on the bandwagon. It unfortunately took longer than ideal, but that’s expected as some of the ‘low-hanging fruit’ blockchain use cases like NFTs and cryptocurrencies were in the limelight initially,
Once institutions finally understood the powerful ‘weapon’ that blockchain can be for their infrastructure, it didn’t take long to begin to experiment and engage with leading experts in the field
Prominent entities such as Invesco, KKR, Hamilton Lane, Aberdeen, Franklin Templeton, Wells Fargo, JP Morgan, Goldman Sachs, Bank of China, BlackRock, and more are now active participants in the tokenization space – a shift that would have been unthinkable just a few years ago.
Not long ago, the first movers were small issuers tokenizing as a way to either fundraise and expand their investor base or to tokenize their existing cap table, but now everyone is seeing the writing on the wall.
In fact, Boston Consulting Group, anticipates that up to $16T of illiquid assets could be tokenized and unlocked by 2030.
Even more exciting is that according to a report from Bain & Co, the real estate industry alone has a global value of approximately $330T.
In this two-part interview series conducted by CMS, Daniel Coheur, our Chief Commercial Officer had the pleasure to further expand and provide insights on the current status of the tokenization industry and where we are heading:
