Deep Tide TechFlow reports that on May 10, according to Lumia on the X platform, by 2030, $16 trillion worth of physical assets (including real estate, gold, and invoices) is expected to be tokenized, with smart contracts being the key infrastructure to achieve this goal.
Lumia stated that smart contracts, as self-executing protocols on the blockchain, can automate ownership transfers, payments, and compliance processes without intermediaries, eliminating manual handling and cumbersome paperwork in the tokenization process of physical assets.
The tweet also mentioned that Hamilton Lane, a private market company with over $800 billion in assets, has partnered to tokenize shares of its flagship equity fund. The related smart contracts can automatically verify investor qualifications (through KYC), issue compliant tokens, and transparently track each transaction.
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Lumia: Smart contracts will drive $16 trillion in real-world assets on-chain.
Deep Tide TechFlow reports that on May 10, according to Lumia on the X platform, by 2030, $16 trillion worth of physical assets (including real estate, gold, and invoices) is expected to be tokenized, with smart contracts being the key infrastructure to achieve this goal.
Lumia stated that smart contracts, as self-executing protocols on the blockchain, can automate ownership transfers, payments, and compliance processes without intermediaries, eliminating manual handling and cumbersome paperwork in the tokenization process of physical assets.
The tweet also mentioned that Hamilton Lane, a private market company with over $800 billion in assets, has partnered to tokenize shares of its flagship equity fund. The related smart contracts can automatically verify investor qualifications (through KYC), issue compliant tokens, and transparently track each transaction.