Source: Cryptonews Tokenized financial assets are poised to achieve a market size of approximately $2 trillion by 2030, according to analysts at consulting firm McKinsey & Company. In a recent report, the analysts noted that while the adoption of tokenization has had a slow start, they anticipate significant growth in the coming years. They even… Continue reading Tokenized Assets to Reach $2 Trillion Market Size by 2030, McKinsey Predicts
Tag: adoption
NASA created VR metaverse to prep astronauts for life on lunar space station
Source: Cointelegraph “When they slip on their headsets, they’re not just seeing the station—they’re in it.” according to a NASA blog post. While most of us spend our time in the metaverse trading assets or bopping around in virtual realities on legless avatars, astronauts working with NASA and SpaceX are using it to prepare for… Continue reading NASA created VR metaverse to prep astronauts for life on lunar space station
BIS and 7 central banks to explore asset tokenization through Project Agora
Source: Cointelegraph The proof-of-concept projects seek to create a centralized platform for cross-border CBDC payments and tokenized money transfers. The Bank for International Settlements (BIS) has teamed up with the central banks of France, Japan, South Korea, Mexico, Switzerland, the United Kingdom and the United States Federal Reserve Banks to explore asset tokenization within the… Continue reading BIS and 7 central banks to explore asset tokenization through Project Agora
