Report: tokenisation could cover $5 trillion of assets in the next five years

Over the next five years, tokenised assets worth $5 trillion could be tokenised, including 2% of the global money supply. CoinDesk reports, citing Bernstein’s asset-management report.

“We expect a sharp rise in the volume of stablecoins and central bank digital currencies in circulation thanks to the Chinese CBDC-programme,” — noted Gautam Chhugani, an analyst at the firm.

Also, according to him, yield farming on ‘decentralised markets’ will compete with bank deposits as an investment or savings instrument.

Chhugani acknowledged the problem of regulatory uncertainty. He is convinced that the process will succeed only if “policymakers recognise the benefits of blockchains” and recognise the role of crypto tokens in decentralised systems.

Otherwise, the rules will wipe out the benefits of tokenisation.

Earlier Bernstein noted a decline in the correlation between cryptocurrencies and the US stock market.