The market for tokenized Real-World Asset (RWAs) is growing exponentially as a result of improvements in blockchain technology, demand from investors for alternative assets, and changes in the regulatory framework. Trade and industry reports have estimated that the tokenization market had about $2.81 billion in 2023 and is set to grow at 18.8% CAGR to $13.20 billion in 2032. This increase could be explained by the rising demand for liquidity, as well as transparency and efficiency in both the management of financial assets and, in general, the financial market.
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