Here is a Boston Consulting Group report which suggests that tokenised real assets - various kinds of equity, mostly - transacted on chain will amount to $16 tr

Here is a Boston Consulting Group report which suggests that tokenised real assets - various kinds of equity, mostly - transacted on chain will amount to $16 trillion a year of transactions by 2030. https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a29122... Recognition of on-chain tokenization by monetary authorities: The Monetary Authority of Singapore (MAS)22 recently launched Project Guardian, a blockchain-based asset tokenization pilot, in collaboration with financial institutions like JP Morgan Chase, DBS Bank and Marketnode (SGX joint venture for bonds). The project will involve MAS investigating DeFi applications in wholesale funding markets by creating a liquidity pool of tokenized bonds and deposits to execute borrowing and lending on a public blockchain- based network. In wholesale banking activities, DBS and JP Morgan have both developed digital assets and blockchain technology. Lessons from this project would serve as foundation for informing policy markets on the regulatory guardrails required to use DeFi while also limiting its risks. (quote ends)