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Top Analyst Identifies 5 Tokens for $16T Tokenized Market

CoineditionCoinedition2024/01/28 15:55
By:Abdulkarim Abdulwahab
  • The real-world asset tokenization market is forecasted to hit $16 trillion by 2030. 
  • BlackRock CEO has bullish sentiment towards securities tokenization.
  • Miles Deutscher’s top picks for the tokenization markets include Frax, LINK, PYTH, Pendle, and Ondo.

In a recent analysis , prominent crypto analyst Miles Deutscher argued that the real-world asset sector represents one of the most promising areas within the crypto sphere . Deutscher emphasized that this sector should form the bedrock of any crypto investor’s portfolio.

Deutscher drew attention to data from the Boston Consulting Group, projecting a substantial growth trajectory for real-world asset tokenization. Specifically, he estimated that the sector, valued at $0.6 trillion, could skyrocket to a staggering $16 trillion by 2030.

RWAs are projected to be a $16 trillion market by 2030 (26x).

Larry Fink called the tokenisation of securities the "next generation" for markets.

It's one of the highest upside sectors in crypto.

I just revealed my top 5 RWA altcoin picks.

Watch now 👉 https://t.co/3zFRzyAbEt pic.twitter.com/ftsLrej8id

— Miles Deutscher (@milesdeutscher) January 26, 2024

Furthermore, the analyst’s sentiment was also echoed by Larry Fink, CEO of BlackRock, one of the world’s largest asset managers. Speaking at the recent DealBook Summit, Fink emphasized his bullish outlook on tokenizing securities, stating: 

“I believe the next generation for markets, the next generation for securities, will be tokenization of securities.”

Deutscher emphasized the vast scale of the real-world asset tokenization market. He highlighted the global real estate market, valued at $326 trillion, and the gold market, valued at $12.39 trillion. He stressed that even a modest allocation, such as 1% or 0.5%, could play a pivotal role in the crypto market by bolstering liquidity and subsequently improving prices.

As a result, Deutscher recommended investing in individual real-world asset protocols or layer-one and layer-two blockchains poised to become hubs for tokenized assets. He cited projects such as Frax, renowned for its lending capabilities. Frax’s token, FRAX, currently wields a market valuation of $648,599,634.

Furthermore, the analyst recognized Chainlink (LINK) as the largest oracle in the crypto realm for real-world assets (RWAs). He compared Chainlink to the Bitcoin of RWAs, suggesting its pivotal role in the ecosystem’s infrastructure. 

LINK ranks among the most valuable crypto with a market valuation exceeding $8 billion. Moreover, the analyst cited Pyth Network (PYTH) as a rival to Chainlink in the sector. Other projects the analyst endorsed included Ondo Finance and Pendle.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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