Understanding real-world assets: A vision for penetration of tokenization in India
A recent Binance Research report revealed that the market value of on-chain real-world assets (RWAs) has surged past $12 billion. In 2022, Boston Consulting Group (BCG) predicted that the tokenized asset market could skyrocket to an astounding $16 trillion by 2030. Over the past few months, RWA tokens have been steadily gaining momentum, signaling a major shift in market sentiment. Real World Asset tokenization or RWA Tokenization, a groundbreaking use case of blockchain technology, might still be in its early phase, but its potential is immense.