BCG report: RWA industry size may reach $600 billion in the next five years

Global consulting firm Boston Consulting Group called RWA tokenization “the third revolution in asset management” in a report on Oct. 29. “We are seeing a growing trend in investor demand for tokenized funds,” said David Chan, managing director and partner at BCG. The report, co-authored by Aptos Labs and Invesco, estimates that assets under management of tokenized funds could reach 1% of global mutual fund and ETF AUM in seven years. “This would imply an AUM of more than $600 billion by 2030,” the researchers noted. “For some time to come, we expect this trend to continue, especially as regulated on-chain currencies such as regulated stablecoins, tokenized deposits, and CBDC projects become a reality,” Chan added. (Cointelegraph)