Ripple and BCG predict that the tokenized asset market will reach $18.90 trillion by the 2030s.

Ripple and Boston Consulting Group (BCG) have projected that the tokenized asset market could reach $18.9 trillion by 2033. This prediction highlights the growing interest and potential in the tokenization of assets, which involves converting physical and non-physical assets into digital tokens on a blockchain. The collaboration between Ripple and BCG underscores the significance of blockchain technology in transforming traditional financial systems.