Source: The Crypto Times Project Ensemble launches, advancing asset tokenization and wCBDC use, signaling Hong Kong’s commitment to modernizing financial transactions. The Hong Kong Monetary Authority (HKMA) unveiled the Project Ensemble sandbox on August 28. This initiative marks a significant step in studying asset tokenization and interbank settlements through a wholesale central bank digital currency… Continue reading HKMA Launches Project Ensemble Sandbox for Asset Tokenization
Tag: Asset Tokenization
Tokenized Assets to Reach $2 Trillion Market Size by 2030, McKinsey Predicts
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
