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According to Boston Consulting Group, tokenization of global illiquid assets estimated to be a $16 trillion business opportunity by 2030 - (Full Report: https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf )
There are broadly two types of tokenized assets: fungible and non fungible assets. Big part of this market will be represented by #NFT on chain. On-chain asset tokenization offers six distinct advantages over traditional fractionalization:
Improves affordability
Borderless accessibility
Unlocks liquidity and enhances flexibility
Immutable transparency
Transaction efficiency
Better price discovery
We are talking for years that real asset tokenization and real world assets (RWAs) will be the next big thing in crypto. IMO this stream will be the next bull run catalyst along with social media, non financial web 3.0 utilization, gaming, privacy, ownership economy...
There are strong indicators pertaining to the rising of on-chain asset tokenization, including:
Growth outlook in digital asset trading volume (@FTX_Official with stocks, @ADDXco with securities..)
Successful pilots across countries
More asset classes are being tokenized
Below a comparative analysis of some of the most prominent players in this space, with most being asset agnostic. @tZERO @ConsenSysCodefi @Securitize @PolymathNetwork @TokensoftInc
Another prominent player, on top of asset originator stack, is @centrifuge. You can find below a great research made by the friends of @tokenterminal.
Centrifuge enables businesses to mint non-fungible tokens (NFTs) representing verified RWAs.
It promises to bridge the gap between real-world assets (RWAs) and decentralized finance (DeFi). This allows DeFi investors to invest in liquidity pools backed by RWAs. Asset originators can lock their NFTs representing RWAs into Tinlake’s liquidity pools to borrow capital.
The TVL of the project is atm limited but growing steadily and sits around 88M. If they will be able to capture a share of the total market the potential is huge.The total revenue is around 600k/month at the moment with a P/S around 10x.
Just to understand the potential, if we assume as the base scenario:
11T of TAM of asset tokenized (without equities)
30% of this asset will be lent
Share of the $CFG market 10%
Avg APY to lenders 10%
20% of total revenue will be streamed to protocol (ATM 0)
P/S 10x
Other players to look at are, that could expand business focalized on different verticals:
Other interested application could be:
@MakerDAO generate stablecoins with RWAs
@opensea/ @Uniswap exchange and sell NFTs through liquid market
@indexcoop build different portfolio with different exposure (art portfolio of different artists, REIT of NY/SFA exposure)
tokenized Pre IPO stocks and build a secondary fluid market
tokenized public good and utilized DAOs to supply capital
tokenization of agricultural/natural land and build CO2 mitigation projects with collateral
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According to Boston Consulting Group, tokenization of global illiquid assets estimated to be a $16 trillion business opportunity by 2030 - (Full Report: https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf )
There are broadly two types of tokenized assets: fungible and non fungible assets. Big part of this market will be represented by #NFT on chain. On-chain asset tokenization offers six distinct advantages over traditional fractionalization:
Improves affordability
Borderless accessibility
Unlocks liquidity and enhances flexibility
Immutable transparency
Transaction efficiency
Better price discovery
We are talking for years that real asset tokenization and real world assets (RWAs) will be the next big thing in crypto. IMO this stream will be the next bull run catalyst along with social media, non financial web 3.0 utilization, gaming, privacy, ownership economy...
There are strong indicators pertaining to the rising of on-chain asset tokenization, including:
Growth outlook in digital asset trading volume (@FTX_Official with stocks, @ADDXco with securities..)
Successful pilots across countries
More asset classes are being tokenized
Below a comparative analysis of some of the most prominent players in this space, with most being asset agnostic. @tZERO @ConsenSysCodefi @Securitize @PolymathNetwork @TokensoftInc
Another prominent player, on top of asset originator stack, is @centrifuge. You can find below a great research made by the friends of @tokenterminal.
Centrifuge enables businesses to mint non-fungible tokens (NFTs) representing verified RWAs.
It promises to bridge the gap between real-world assets (RWAs) and decentralized finance (DeFi). This allows DeFi investors to invest in liquidity pools backed by RWAs. Asset originators can lock their NFTs representing RWAs into Tinlake’s liquidity pools to borrow capital.
The TVL of the project is atm limited but growing steadily and sits around 88M. If they will be able to capture a share of the total market the potential is huge.The total revenue is around 600k/month at the moment with a P/S around 10x.
Just to understand the potential, if we assume as the base scenario:
11T of TAM of asset tokenized (without equities)
30% of this asset will be lent
Share of the $CFG market 10%
Avg APY to lenders 10%
20% of total revenue will be streamed to protocol (ATM 0)
P/S 10x
Other players to look at are, that could expand business focalized on different verticals:
Other interested application could be:
@MakerDAO generate stablecoins with RWAs
@opensea/ @Uniswap exchange and sell NFTs through liquid market
@indexcoop build different portfolio with different exposure (art portfolio of different artists, REIT of NY/SFA exposure)
tokenized Pre IPO stocks and build a secondary fluid market
tokenized public good and utilized DAOs to supply capital
tokenization of agricultural/natural land and build CO2 mitigation projects with collateral
collect://
subscribe://
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