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With these five currencies, you can participate in the big trend

With these five currencies, you can participate in the big trend

If you ask BlackRock CEO Larry Fink what the biggest trend in the financial sector is, he’ll say tokenization. The board of directors of the world’s largest asset management company is not alone in this assessment. Every relevant bank or asset management company is currently preparing tokenized financial products. However, banks in particular, such as savings banks or Volksbanks, repeatedly confirm that they are primarily interested in digital securities and to a lesser extent in Bitcoin and altcoins. These assets are called Real World Assets, or RWAs for short, for which crypto custody is set up, among other things. This term includes all forms of digital securitization of companies, real estate, currencies, bonds, raw materials, etc.

“Tokenizing everything” is probably the biggest trend in the cryptocurrency sector and will likely play a big role in the upcoming rally. Finally, banks and asset managers are increasingly relying on public blockchain protocols to implement tokenization. As Boston Consulting Group and other players estimate, several trillion US dollars worth of RWAs are expected to be added to the blockchain this decade.

Below we’ll present five cryptocurrencies – some more popular and some less so – that are particularly likely to benefit from the real-world asset tokenization megatrend.

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