Morgan Stanley projects $10T market for tokenized real-world assets
What happened
Amy Oldenburg, head of digital asset strategy at Morgan Stanley, reaffirmed that the tokenized real-world asset (RWA) market is expected to grow to between $3 trillion and $10 trillion by 2030. This forecast was made during an interview at TOKEN2049, where she noted the market was valued at approximately $39.19 billion as of October 12. Morgan Stanley also postponed the launch of tokenized stock trading through its alternative trading system until the first quarter of 2027.
From econotimes.com
Why it matters
The growth is driven by increasing institutional adoption of blockchain technology and tokenized financial products, including private equity shares and structured notes. Blockchain technology is cited as a method to simplify ownership transfers, reduce administrative costs, and improve transaction efficiency across financial instruments.
Morgan Stanley and E*TRADE are expanding their retail offerings to include digital assets.
From econotimes.com
Who's involved
- Morgan StanleyU.S. investment bank leading digital asset strategy
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.