Asset tokenization is becoming a key topic in the global finance sector. As interest in this concept grows, Ripple emphasizes the importance of custody and security standards for tokenized assets.
Tokenization Forecasts and Global GDP Growth
According to a report by Boston Consulting Group, tokenized assets could represent up to 10% of global GDP by 2030. Recent years have shown consistent growth in global GDP, valued at $86.1 trillion in 2020 and rising to $106.9 trillion by 2023. It is projected to reach approximately $164 trillion by 2030 with an average annual growth rate of about 6.7%.
The Role of XRP Ledger in Tokenization
Analysts consider the XRP Ledger as one of the potential contenders for capturing a share of the tokenization market. Ripple's Chief Technology Officer, David Schwartz, has previously confirmed that the ledger is adapting its infrastructure to support tokenization. If XRPL were to capture 15% of the tokenization market, it could result in $2.46 trillion in tokenized value.
Potential XRP Price Outcomes
Price forecasts for XRP vary. If XRP underpins tokenized reserves, the market capitalization could reach $2.46 trillion, translating to a projected price of around $41. Other scenarios suggest XRP may serve as a settlement asset, leading to an implied capitalization of $984 billion by 2030 and a price of approximately $16.55. In a more ambitious scenario capturing both tokenized assets and settlement flows, XRP's valuation could exceed $100.
The expansion of tokenization could unlock a multi-trillion-dollar market by 2030. Ripple's positioning suggests potential benefits from this shift, but projections remain speculative.
