Tokenized Real-World Assets Market Cap Exceeds $29 Billion, Report Says
According to a recent Cryptopolitan report, the tokenized real-world assets market has expanded nearly 20-fold over three years, with a poll showing 34.7% of respondents have allocated to the sector.
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Terms & Concepts
Tokenized real-world assets: Traditional assets such as bonds, funds, or property represented as blockchain-based tokens for digital trading and transfer.
Market capitalization: The total combined value of all tokens in a sector, typically calculated from token prices and circulating supply.
Tokenization: The process of converting ownership rights in an asset into blockchain-based digital tokens.