Financial services firm Standard Chartered projects that real-world asset tokenization could reach a $30 trillion market cap by 2030.
BNB Chain has launched a new service to facilitate real-world asset tokenization, offering a no-code solution that allows users to tokenize assets in just a few minutes. This service simplifies the tokenization process by incorporating compliance tools and providing step-by-step guidance, covering everything from asset securitization to on-chain token minting.
By outsourcing the tokenization process to BNB Chain’s platform, the costs, time, and effort involved are significantly reduced, making asset tokenization more accessible for small businesses. Tokenizing physical assets offers benefits such as fractional ownership of assets like art, securities, collectibles, and carbon credits. It can also help businesses improve customer loyalty programs through more cost-effective, tokenized incentives.
Real-World Asset Tokenization as a Key Crypto Use Case
BNB Chain’s tokenization platform is part of a growing trend toward bringing real-world assets on-chain, a sector predicted to grow to $600 billion in assets under management by 2030. This trend is visible in the stablecoin market, where issuers are increasingly purchasing U.S. Treasury bills to back their tokens, supporting the demand for the U.S. dollar even amidst global de-dollarization efforts.
In November 2024, Singapore’s Monetary Authority (MAS), in collaboration with SWIFT, Chainlink, and UBS, completed a pilot program to test tokenized fund settlements. This pilot allowed for transactions settled in fiat or non-blockchain funds, enabling traditional financial institutions to access tokenized assets without holding cryptocurrencies.
