Abra co-founder and CEO Bill Barhydt predicts that one major catalyst could see the market capitalization of digital assets reach $50 trillion within 10 years.
Anthony Pompliano, head of a crypto asset management platform, said in a new interview that the tokenization of real-world assets (RWAs) could see the crypto market cap soar by more than 1,900% from its current value.
“I think we'll see investment services emerge, especially outside the US, where real world assets will be tokenized and essentially make all assets fungible, meaning you can hold real estate, stocks, bonds, native cryptocurrencies, and they're all tokens that can be traded and borrowed against each other, so they're all fungible.
You can pool real estate, bitcoin and stocks and take out one loan because they are in one separately managed account and have value. So what will be the breakdown between native crypto holdings and stock and real estate holdings? I don't know. I think it's still very early days for the global investment community to start investing in native crypto assets: Bitcoin, Solana, Ethereum, etc.
So where do we stand now? $2.5 trillion. I think we'll get to $50 trillion within the next 10 years, maybe sooner. And then everything will change, because we'll have credit markets that weren't possible before…”
Barhydt believes this growth will revolutionize the credit market, making credit accessible to individuals in developing countries such as the Philippines and India.
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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies and digital assets. Transfers and transactions are at your own risk and you are responsible for any losses incurred. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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