Real estate is expected to become the largest type of tokenized asset in 2030, taking up nearly one-third of the overall market. This is according to a forecast made in 2023, which assumes that real-world asset (RWA) tokenization will take up less than one percent of the entire RWA market. The topic of tokenization is connected to both NFTs - most notably the digitalization of art pieces or digital variants of shoes - and the metaverse - with virtual real estate in online environments like Decentraland. Consequently, tokenization is a potential use case of blockchain technology.
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Real estate is expected to become the largest type of tokenized asset in 2030, taking up nearly one-third of the overall market. This is according to a forecast made in 2023, which assumes that real-world asset (RWA) tokenization will take up less than one percent of the entire RWA market. The topic of tokenization is connected to both NFTs - most notably the digitalization of art pieces or digital variants of shoes - and the metaverse - with virtual real estate in online environments like Decentraland. Consequently, tokenization is a potential use case of blockchain technology.