According to a recent Coinbase research, the tokenization of financial assets has been steadily gaining momentum since 2017, bringing the evolution of digital financial assets, including sovereign bonds, money market funds, and repurchase agreements.
As per the report, the growth has been dramatically buoyed by the existing high-yield environments but still faces huge infrastructural and legal obstacles.
Tokenization Market Primed for Growth
The report says in part:
“We believe this could be a vital use case for traditional financial players and become a major part of the new crypto market cycle, though full implementation may take another 1-2 years.”
Coinbase has identified a substantial shift in opportunity costs, increasing from approximately 1.0-1.5% in 2017 to the current nominal interest rates above 5.0%. This shift emphasizes the capital efficiency of instantaneous settlement compared to the traditional T+2 settlement cycle, particularly for financial institutions.
According
We współpracy z: https://cryptopotato.com/tokenization-accelerating-owing-to-high-yield-environment-coinbase/
