- This is possible if there is regulatory clarity in the segment
- In a positive scenario, up to 2% of the total money supply will be tokenized over the next five years
- Previously, a similar forecast was given by Citigroup
This week, the analytical portal Bernstein published a report on the prospects for the development of the tokenized assets market. According to him, over the next five years, the capitalization of this segment will reach a whopping $5 trillion.
“During this period, we expect a sharp increase in the number of stablecoins and CBDCs, including the program in China. As a result of this, as well as increased demand for DeFi yield solutions, these assets will compete with bank deposits as an investment or hedging tool. noted Bernstein Senior Analyst Gautam Chkhugani.
It follows from the report that over the next five years it will be tokenized, including through CBDC and stablecoins, up to 2% of the total money supply. This will increase the capitalization of the segment by $3 trillion, up to the same $5 trillion.
However, Bernstein was quick to assure that this is an optimistic scenario. This process is associated with certain difficulties, the main of which is regulatory uncertainty.
This is especially evident in the example of the United States. The vote on the stablecoin bill in the House of Representatives failed due to the fact that Democrats and Republicans could not agree.
Interestingly, Bernstein’s findings echo an earlier Citigroup report. Agency analysts stated that the market capitalization of tokenized assets will reach $5 trillion by 2030. However, their calculations take into account not only digital currency and derivatives, but also real estate and certain commodities.