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

According to Deep Tide TechFlow, Lumia stated on platform X that by 2030, $16 trillion in physical assets is expected to be tokenized, with smart contracts being 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 tedious paperwork.

Lumia 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, with smart contracts automatically verifying investor qualifications and tracking transactions.