Senior Vice President of RippleX Predicted that the Market Capitalization of Tokenized Assets will Grow to $16 Trillion

Markus Infanger, Senior Vice President of RippleX, predicted the growth of the tokenized assets market, which currently stands at $2.5 trillion, and said that it will reach an impressive $16 trillion as traditional financial companies adopt blockchain technology.
Paris Blockchain Week Insights
In his speech at the Paris Blockchain Week, Infanger noted that traditional financial institutions are increasingly using blockchain technology to introduce new financial products and improve existing ones. The interest from these traditional sectors underscores the shift to practical applications of blockchain that go beyond hype and into actual utility.
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For example, the notable collaboration between HSBC and Metaco, facilitated by Ripple Labs, is an example of institutional players interacting in a new area. Such partnerships can create reliable platforms for storing and managing tokenized securities. In addition, Ripple's introduction of a USD-pegged stablecoin could catalyze further growth by tapping into the market potential, estimated to be worth $2.8 trillion over the next five years.
Future Prospects
The general sentiment from industry leaders such as BlackRock's Larry Fink also highlights the broader acceptance and enthusiasm for tokenization, confirming its place as a transformative trend in the crypto industry. This coincides with the growing adoption of blockchain and tokenization technologies by major financial players, indicating a promising future for tokenizing real assets and their integration into the digital economy.