Ark Invest: Tokenized asset market to reach $11T by 2030

Ark Invest, led by Cathie Wood, estimates that the market for tokenized real-world assets (RWA) could reach $11 trillion by 2030, The Block reported. The current market size is estimated to be between $19 billion and $22 billion. In a report, Ark Invest stated that the mass adoption of tokenized assets is likely to occur after regulatory clarity is established and institutional-grade infrastructure is developed. Meanwhile, the firm also projected that Bitcoin's market capitalization could reach $16 trillion during the same period.