Analyst Casts Doubt on $30T Valuation for Tokenized RWAs by 2030, Suggests $1.3T
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Some in the crypto community have cast doubt on a recent projection suggesting that tokenized real-world assets (RWAs) could reach a staggering $30 trillion by 2030.
Among the critics is Jamie Coutts, chief crypto analyst at Real Vision, who believes that a more realistic valuation is closer to $1.3 trillion.
In a recent post on X, Coutts pointed out that if the current compound annual growth rate (CAGR) of 121% for tokenized assets continues, the market could indeed reach $1.3 trillion by 2030.
While this figure is significantly lower than the $30 trillion prediction, Coutts argues that it still represents a substantial increase that could have a profound impact on the broader Web3 ecosystem.
Tokenization of assets involves converting physical assets, such as real estate, bonds, art, and stocks, into digital tokens that can be traded on blockchain platforms.
The process is seen as a way to enhance liquidity, transparency, and accessibility in traditional financial markets.
Tokenization, Blockchain Fee Income & #Ethereum
Wall Street projects that $10 to $30 trillion in traditional assets will be tokenized over the next 5 to 10 years. That seems overly optimistic, considering BlackRock, the second-largest asset manager, has $10 trillion in AUM.… pic.twitter.com/vnhw0StW6V
The $30 trillion projection was initially put forward by Standard Chartered Bank and consulting firm Synpulse in June, which forecasted that RWAs could reach this valuation by 2034.
However, Coutts considers this estimate to be “overly optimistic” and cautions
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