$18.9 TRILLION. That’s the size Ripple and Boston Consulting Group project the tokenized asset market could reach by 2033. For comparison, the entire crypto market today is worth around $2.7 trillion. The report points to tokenization across government bonds, real estate, private equity, trade finance, and corporate debt, markets that still rely on slow legacy settlement systems. The idea is simple. On-chain settlement reduces time, cost, and middlemen. And given the size of these traditional markets, $18.9 trillion may not be as unrealistic as it sounds.

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