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Homepage > News > Finance > RWA tokens are the next 50x trend: Tren Finance report Real World Asset (RWA) tokens are the next 50x trend in the digital assets industry, according to a recent report from Tren Finance. RWA tokens represent a range of assets, including stablecoins, securities and treasuries, commodities, real estate and others. The report’s respondents, which include some of the biggest financial institutions and business consulting firms, reached a median consensus of a market size of $10 trillion by 2030. That would represent an increase of more than 50 times the current market size. More about RWA tokens and why they matter At the beginning of 2024, BlackRock (NASDAQ: BLK) CEO Larry Fink saw BTC spot ETFs as “stepping stones” to widespread tokenization. As the year progressed, that view only gained momentum on Wall Street and elsewhere. RWA tokenization is a specific kind that involves creating digital tokens on a blockchain to represent underlying real-world assets. For example, a token might represent a barrel of oil, a share in a company, or a dollar. Once the tokens are minted, they can be stored in digital wallets and traded, moved, or transferred to any other party. This can increase liquidity, introduce new levels of transparency and efficiency, and make peer-to-peer transfer of such assets possible globally. Since every transaction on a public blockchain is timestamped, RWA tokenization enables easier auditing of an asset’s history, making it easier to learn who owned or held it, for how long, and more. It could also help settle ownership disputes, although courts would still be needed to resolve such matters in some cases. There are other benefits, too. RWA tokenization can also make traditionally illiquid assets like real estate or art liquid. Aside from the potential for fractional ownership, making these…

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Filed under: News - @ October 22, 2024 9:22 am