Cathie Wood’s Ark Bullish On $500T Tokenization Market As Tether Enters Race
Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry.
What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest spoke about Tether’s (CRYPTO: USDT) latest move into the RWA tokenization space.
Tether, the largest stablecoin issuer, launched Hadron, a platform that enables users to tokenize virtually anything, from commodities and corporate equity to government debt and corporate bonds.
Ark Invest believed that the launch of Hadron signaled a growing appetite for tokenization, which was still a very nascent industry. The total value of tokenized RWAs was only $11 billion, a minuscule percentage of the ~$500 trillion total addressable market.
“In our view, Tether is extremely well positioned …
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