Tokenized Assets Projected to Reach $100 Trillion with Ethereum as Backbone
The global financial system is shifting towards tokenized assets, projected to reach a market cap of $100 trillion. Ethereum is expected to be the foundational layer for this new financial landscape.
Ethereum as the Settlement Layer
- Joseph Chalom, Co-CEO of SharpLink Gaming, predicts tokenized assets will surge to $100 trillion.
- Tokenization will include stablecoins, traditional funds, and real-world assets.
- Key features include programmability, decentralization, and 24/7 accessibility.
- Ethereum's developer ecosystem, security, and DeFi infrastructure make it suitable as the backbone of this economy.
- SharpLink aims to enhance adoption and accumulate ETH for its shareholders.
Chalom emphasizes that Ethereum will facilitate all asset flows within this evolving financial system.
Market Maturity of ETH Futures
- CME Ethereum futures reached an all-time high trading volume of $118 billion in July.
- ETH's open interest has also increased, indicating institutional confidence.
- Institutions are pursuing both short-term gains and long-term strategies with ETH.
