The demand for a better alternative
In 2021, global equity trading volume reached a staggering $160 trillion, indicating a significant interest in equity transactions among companies, investors, governments, and individuals (Statista Research Department, 2023).
Financial institutions operating in this industry bear immense responsibility, as users trust them to safeguard assets and investments. Instances of mismanagement or fraud have caused serious consequences for institutions, users, and the economy over time.
To address these issues, a transparent alternative framework is gaining popularity in the market. This approach aims to restore trust and bring transformative change to the financial ecosystem.
According to the Boston Consulting Group, even under a "highly conservative" scenario, tokenization of assets could reach approximately $16 trillion by 2030, equivalent to 10% of the global GDP in total (BCG, 2022).
BNY Mellon's survey of institutional investors in 2022 found that 97% of respondents agreed that tokenization could revolutionize asset management by streamlining asset transfers (84% agreement) and expanding access for more investors (86% agreement). More than half of the respondents (53%) were already investing in or exploring tokenized securities, while 35% planned to do so in the next 2-5 years (BNY Mellon, 2022).
Last updated