Global Asset Tokenization Platforms Market Overview:
Asset tokenization platforms for transferring physical assets into digital assets. Any asset, whether physical, intellectual, or creative property, can be tokenized using blockchain technology and smart contracts. Groups and individuals can use asset tokenization systems to produce a digital certificate of ownership for real-world liquid assets like money or real estate. Outside of the blockchain network, asset tokenization is a fairly unique concept with little overlap with software solutions. Still, vertical solutions for asset management using blockchain technology have emerged in several industries for example, real estate.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing The Number Of Cyberattacks On Blockchain Platform
Market Growth Drivers:
Increasing Number Of Asset Tokenization Application
Challenges:
Different Countries' Tax Structures Would Be Different and Concern Regarding Security And Privacy
Restraints:
High Complex Procedure Of Licensed Tokenization Platform and Lack Of Transparency Of Rights Token Holder
Opportunities:
Increasing Investment In Digital Assets such as digital currency and other
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are PixelPlex (United States), Kaleido’s (United States), CloudFabrix Software Inc. (United States), ABT Capital Markets (Canada), Divistock (United States), Harbor Platform ( United States), Consensys (United States), Neufund (Germany), Tokensoft Inc. (United States), Blockchain App Factory (India) and BrickBlock (Germany). Analyst at AMA Research see Global Players to retain maximum share of Global Asset Tokenization Platforms market by 2030. Considering Market by Tokenization, the sub-segment i.e. Vault Tokenization will boost the Asset Tokenization Platforms market. Considering Market by Payment Processor, the sub-segment i.e. Mobile Wallets (Android Pay And Apple Pay) will boost the Asset Tokenization Platforms market. Considering Market by Tokens, the sub-segment i.e. Asset/Security Token will boost the Asset Tokenization Platforms market.
Latest Market Insights:
In February 2020, BitGo acquires Harbor in a surprise expansion beyond Crypto Custody. BitGo is expanding beyond crypto custody by acquiring a once-forster child of the adjacent market for digital securities.
On 28 January 2021, INX has completed its acquisition of security token platform OpenFinance, and is awaiting regulatory approval.Crypto IPO issuer INX has announced that its acquisition of security token offering platform OpenFinance is almost complete.
What Can be Explored with the Asset Tokenization Platforms Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Asset Tokenization Platforms Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Asset Tokenization Platforms
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Asset Tokenization Platforms market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Asset Tokenization Platforms market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Asset Tokenization Platforms Developer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.