The crypto sector has the potential to reach a value of $16.1 trillion by 2030, according to a Boston Consulting Group report. As traditionally illiquid assets like real estate, physical art and exotic beverages are tokenized, fractional ownership will make them accessible to a broader market. Some obstacles include a lack of legal protection when such high-value assets are sold, and the need for regulated exchanges.
Swarm, a regulated DeFi platform in Germany, has partnered with Mattereum, a digital identity layer for real-world assets on the Ethereum network. Swarm aims to encourage high-value traditional assets onto the blockchain, improving liquidity, efficiency and self-custody. The partnership with Mattereum is hailed as a “ground-breaking opportunity” and the “holy grail of blockchain.”
Mattereum benefits from a legal infrastructure supported by United Kingdom’s common law. This law applies to digital commerce and is relevant in 172 jurisdictions under international law. Swarm is already rolling out DeFi-compatible securities tokens, featuring tokenized versions of prominent company stocks now on the Polygon network. The trading is regulated by Germany’s Federal Financial Supervisory Authority.
The partnership of Swarm and Mattereum could initiate a new age of digital commerce, as high-value traditional assets become more accessible. As tokenization and subsequent securitization enhance legal infrastructure and regulatory compliance, the financial world is expected to become more inclusive, efficient, and transparent.
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https://cointelegraph.com/news/bitcoin-clean-energy-usage-exceeds-50-percent-tesla-accepting-btc-payments
