Global Scans · Tokenization · Weekly Summary

• Tokenization of financial and real-world assets could be the 'killer use-case' blockchain needs for a breakthrough, with tokenization expected to grow by a factor of 80 x in private markets, reaching up to US$ 4 trillion in value by 2030. Crypto Reporter
• 80% of participants believe tokenization will significantly transform the trading of assets, including real estate and carbon credits. Crypto News Flash
• The Bank for International Settlements Innovation Hub will proceed to the second phase of its central bank digital currency (CBDC) privacy testing and launch a blockchain-based tokenization project in 2024. FXStreet
• The potential benefits of tokenization to the private equity sector are huge, with estimates suggesting that asset tokenization will grow into a $16 trillion global business by 2030 (BCG and ADDX). Jersey Finance
• Like many meme coins, Dogecoin is a cheap crypto, and is by far the cheapest crypto to buy in CoinMarketCap's top ten - and many predict Dogecoin to rise dramatically again, as it is expected that Musk will integrate it as a payment token on the popular X social network. cryptonews
• We expect the tokenization of global illiquid assets to grow as a business opportunity in the coming years. IBM Blog
• The Bank of Italy is running a pilot that could answer some of the regulatory questions on the issue of the cash value of tokenized assets. BeInCrypto
• Montis is building the next generation of natively digital infrastructure for global capital markets, that leverages blockchain technology to revolutionise the post-trade space and allow tokenised assets, such as digital security tokens, to realise their full potential. Archax Holdings Ltd
• The WLD token could be trading at a minimum of $3.618 and a maximum price of $9.449 by 2023 end. The Tech Report
• Real-world asset tokenization: Beyond cryptocurrencies, 2024 will have more assets (like real estate, art or stocks) tokenized on blockchains, making them more accessible. CoinTelegraph
• The tokenization of real estate, for example, could become a frontier trend in digital asset innovation in 2024. Forbes
• Tokenization may take greater precedence in 2024, as we will begin to see expansion into other assets - such as art, cars and even real estate being traded on-chain - making investing in crypto more accessible and markets more liquid. TechRound
• London-based crypto trading firm Copper plans to start offering tokenized securities early 2024. CoinTelegraph
• Tokenization promises to redefine asset ownership and investment and we might just be on the cusp of a major breakthrough in its global adoption. Roland Berger
• In tandem with the establishment of a continuous, worldwide digital asset-agnostic trading, settlement, and asset servicing framework - often referred to as the internet of value - the tokenization of real world assets, or RWAs, will play a crucial role. crypto.news
• ZERO13' s multi-chain trading and settlement functionality will be leveraged by ESG1 for its private carbon tokens, powered by R3' s Corda platform, the leading distributed tokenization platform for regulated industries, and its Cardano public chain tokens. FinExtra
• Protocol Labs teams and the Filecoin Foundation will receive additional Filecoin tokens over six years, while SAFT investors will receive their tokens over three years. CoinTelegraph
• The price of $SOL, the native token of Solana, a blockchain platform celebrated for its speed and affordability, could soar to as high as $3,211 or plummet to as low as $9.81 by the year 2030. CryptoGlobe
• Federation Internationale de Football Association (FIFA), the body governing international soccer competitions, will launch its own nonfungible token (NFT) collection ahead of the 2023 Club World Cup in Saudi Arabia in collaboration with blockchain firm Modex. TradingView
• A CMS licence will allow DigiFT to conduct the regulated activity of dealing in capital markets products that are securities or units in a collective investment scheme in Singapore by facilitating the issuance of security tokens. FinExtra
• Integrating blockchain AI into financial services, asset monitoring, and tokenization is expected to be instrumental in achieving the projected valuation, as indicated by the latest analysis by Emergent Research. Cryptopolitan
• Titan Fund will concentrate on investments in key areas: blockchain infrastructure, consumer applications like gaming and nonfungible tokens, and financial services, including exchanges, wallets and platforms for lending and borrowing. CoinTelegraph
• As the financial ecosystem continues to mature, the tokenization of global illiquid assets is emerging as a significant business opportunity. cryptonews

Last updated: 05 February 2024