Skip to content

Trade Finance to Play Substantial Role in USD 30.1 Trillion Tokenised Real-World Assets Market by 2034

Trade Finance to Play Substantial Role in USD 30.1 Trillion Tokenised Real-World Assets Market by 2034
Standard Chartered and Synpulse predict that the tokenisation of trade finance assets could reach USD 30.1 trillion by 2034

Table of Contents

Standard Chartered and Synpulse have published a new paper predicting that trade finance assets could become one of the top three tokenised assets globally, at 16% of the total. The paper also forecasts that demand for overall tokenised assets could reach USD 30.1 trillion by 2034. Despite its attractiveness as an opportunity to diversify risk, trade finance assets are underinvested due to lack of familiarity, pricing inconsistency, and operational intensity. Tokenisation has the potential to address these challenges, while also reducing information asymmetry and offering transparency to investors. The digital representations of real or traditional assets in the form of a token, or distributed ledger, enable operational efficiency and automation. Tokenisation in trade finance is also seen as an opportunity to tackle the growing trade finance gap. Standard Chartered aims to be a driving force in the tokenisation of real-world assets, while Synpulse remains committed to being at the forefront of this revolution.

Source

Latest