- 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
- An earlier similar forecast was given by Citigroup
This week, analyst portal Bernstein published a report on the prospects for tokenized assets. 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 dramatic increase in stackablecoins and CBDCs, including a 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 hedge,” said Bernstein senior analyst Gautam Chhugani.
The report shows that up to 2% of the total money supply will be tokenized over the next five years, including through CBDC and Stablecoin.. That would boost the segment’s capitalization by $3 trillion, to $5 trillion.
But Bernstein is quick to assure that this is an optimistic scenario.. The process is fraught with difficulties, chief among them normative uncertainty.
This is particularly evident in the United States.. The vote on the stablocoin bill in the House failed because Democrats and Republicans could not agree.
It’s interesting that Bernstein’s findings echo an earlier report by Citigroup. Analysts at the agency said the market capitalization of tokenized assets will reach $5 trillion by 2030. However, their calculations take into account not only digital currency and derivative solutions, but also real estate and certain exchange-traded commodities.