Ripple and Boston Consulting Group co-authored a whitepaper on tokenization, highlighting the potential $300M tokenization opportunity in financial markets.
The whitepaper outlines a 3-phase roadmap for reshaping global finance through tokenized assets, with BlackRock and other key players moving towards real-world adoption.
Tokenized markets are already showing significant impact, with the potential to save $40M-$60M in costs per $100B issued by reducing intermediaries and using smart contracts.
Despite challenges like fragmented infrastructure and regulatory ambiguities, momentum is building towards mainstreaming tokenization and enhancing traditional financial infrastructure.