Based on statistics from RWA.xyz, the total value of tokenized assets onchain exceeds $27.6 billion (not including stablecoins).
Some prominent Wall Street figures, including Larry Fink, CEO of BlackRock, have advocated for the tokenization of various assets on the blockchain.
While the IMF acknowledged that tokenization might increase transparency and decrease friction in the financial sector, it also cautioned that the technology could pose risks to the sector’s stability.
With atomic settlement and improved transparency reducing certain old risks and speed and automation introducing new ones, the total impact of tokenization on financial stability is unknown, according to the IMF’s 23-page assessment released on Thursday.
Based on statistics from RWA.xyz, the total value of tokenized assets onchain exceeds $27.6 billion (not including stablecoins). The tokenization market might reach $16 trillion by 2030, according to Boston Consulting Group’s 2022 projection,
We współpracy z: https://thenewscrypto.com/imf-flags-financial-stability-risks-amid-growing-tokenization-boom/