🚀 Digital Assets Predicted to Constitute 10% of Global Market Transactions by 2030
#DigitalAssets #Tokenization #AssetTokenization #Cryptocurrencies #FixedIncome #FundTokenization #StockTokenization #OTC #Collateral #GlobalMarketTransactions #2030Forecast #Citi
According to PANews, a recent research report by Citigroup forecasts that by 2030, digital assets and tokenized securities will account for 10% of global market transactions. The report highlights that digital assets and asset tokenization are expected to grow most rapidly in areas such as fixed income tokenization, cryptocurrencies, and fund tokenization.
Citigroup's fifth annual report, conducted between June and July this year, surveyed 537 management personnel worldwide. These participants included individuals from financial market infrastructure, custody services, banking, brokerage firms, asset management companies, and institutional investors.
The report indicates that by 2030, 14% of private asset transactions are anticipated to utilize tokenization and digital assets. Additionally, 11% of over-the-counter collateral transactions are expected to adopt this method. Fund and stock transactions are projected to see 10% adoption, while fixed income transactions and derivatives are each expected to reach 9% adoption.#DigitalAssets #Tokenization #AssetTokenization #Cryptocurrencies #FixedIncome #FundTokenization #StockTokenization #OTC #Collateral #GlobalMarketTransactions #2030Forecast #Citi
🚀 Mirae Asset and Ava Labs Collaborate on Fund Tokenization
#MiraeAsset #AvaLabs #FundTokenization #OnChainFundOperations #Blockchain #FundManagement #AsianAssetManagement #ForesightNews
According to Foresight News, Mirae Asset Global Investments, an Asian asset management firm, has signed a memorandum of understanding with Ava Labs. This partnership aims to explore opportunities in fund tokenization and on-chain fund operations. The collaboration is expected to leverage blockchain technology to enhance the efficiency and transparency of fund management processes.#MiraeAsset #AvaLabs #FundTokenization #OnChainFundOperations #Blockchain #FundManagement #AsianAssetManagement #ForesightNews