1. How big is the potential of real estate tokenization going forward?
The global real estate market is estimated at US$3.81 trillion in 2022 and expected to grow to US$ 5.85 trillion by 2030. Real estate remains one of the most secure asset classes for investment. In the past, only the wealthy have access to investment opportunity in property. Today, with the rapid digital transformation of all industry, and availability of blockchain technology and democratisation of investment accessibility to the retail market, more people on the street are able to afford property investment in small bite sizes.
Government regulatory bodies in most countries are regulating this space. Hence, it will gradually become more and more a mainstream investment for the man on the street.
To gauge the potential of real estate tokenization, one has to study the market movement of REITs, especially in the Asia Pacific region.