Tokenized financial assets have seen a slow start, and broad adoption is “far away,” but McKinsey analysts predict some will take off faster than others.
Tokenized financial assets have had a “cold start” but they’re tracking to reach a market size of about $2 trillion by 2030, say analysts at consulting firm McKinsey & Company.
“In a bullish scenario, this value could double to around $4 trillion,” the analysts wrote on June 20 — despite being “less optimistic than previously.”
McKinsey’s analysts said there’s been “visible momentum” on tokenization, but broad adoption is still far away as modernizing existing financial infrastructure is “challenging, especially in a regulation-heavy industry such as financial services.”
