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?? Tokenized Asset Coalition Announces New Members and Releases 2024 State of Tokenization Report! ???? The Tokenized Asset Coalition (TAC) has just released its 2024 State of Tokenization Report, providing key insights into the rapid growth and adoption of tokenized assets. Alongside the report, TAC is thrilled to welcome 21 new members, including industry leaders like a16z crypto, WisdomTree, and Galaxy Digital, expanding its influential network to over 40 companies! ?? ?? Key Highlights from the Report: - The market for tokenized assets (RWAs) has surged to $176 billion today—up from just $15 billion when excluding stablecoins—across 150+ issuers on 20+ public blockchains. - Predictions from McKinsey & Company, Citi, and Standard Chartered estimate the tokenized assets market could reach a staggering $2 trillion to $30 trillion over the next decade. - Institutional adoption is accelerating: 56% of Fortune 500 companies are currently exploring onchain projects, while tokenized Treasuries and private credit continue to lead the charge. - Tokenized metals are gaining ground, approaching a $1 billion market cap—a testament to the expanding use cases and real-world applications of blockchain technology. ? New Members: This new cohort spans multiple sectors, bringing fresh perspectives and expertise to the TAC. Members include prominent firms such as Aptos Labs, Offchain Labs, Galaxy Digital, and many more, further solidifying TAC’s role as a driving force in the tokenization movement. The coalition aims to unite traditional finance and crypto through shared principles, best practices, and by building the onchain infrastructure needed to transform global finance. For more information and to download the full report, check out the TAC’s blog at https://hubs.li/Q02RS2rP0 here: https://hubs.li/Q02RR_Mx0 #Tokenization #DigitalAssets #Blockchain #FinanceRevolution #TokenizedAssets #infineo
