As asset tokenisation gains traction due to its potential higher transaction efficiency and security, the market is expected to unlock an estimated $16 trillion in value by 2030, according to an estimation by Boston Consulting Group and ADDX last year.
Tokenisation refers to the process where the rights to a given asset are duplicated and represented by a digital token on a blockchain where it is held and traded. Underlying assets could include equity, bonds, investment funds and other financial assets. In some other cases, such as the Hong Kong government’s HK$6 billion $770 million digital green bond issuance in February, the assets are incorporated directly on-chain, with tokens...
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