Opinion: $16 trillion in physical assets may be tokenized by 2030, with smart contracts as the key

According to TechFlow, Lumia stated on platform X that by 2030, $16 trillion worth of physical assets is expected to be tokenized, and smart contracts are the key infrastructure to achieve this goal.

Smart contracts, as self-executing agreements on the blockchain, can automate ownership transfers, payments, and compliance processes, eliminating manual handling and cumbersome paperwork.

Lumia also mentioned that Hamilton Lane, a private market company with over $800 billion in assets, has collaborated with partners to tokenize shares of its flagship equity fund, with smart contracts automatically verifying investor eligibility and tracking transactions.