According to New to nearly $ 190 trillion, the market for tokenized shares can expand to almost $ 190 trillion projections from Galaxy Research.
Galaxy made this projection after it became one of the first public companies to token his shares on the Solana Blockchain via Superstate, which specializes in conforming tokenization -infrastructure.
Speaking of the movement, Alex Thorn, Galaxy’s head of research, said:
“Onchain Glxy is real Galaxy Class A ordinary shares. If you have it token, you have a common equity in Galaxy, the same as when you have purchased our shares in your traditional brokerage account. No listed company has ever done this in the US before.”
From the moment of the press, 32,374 Galaxy Class A shares were published on Solana, held by 21 token holders, according to Dune Analytics facts.
According to the company, this step illustrates its conviction that tokenization is viable and a potential blueprint for how listed companies can improve the accessibility of the market.
‘Uniswapmoment’
In view of this, the company modeled Modelled Bear, Base and Bull scenarios to illustrate how the acceptance of blockchain can reform the financial markets as soon as decentralized trade reaches critical mass.
Galaxy describes the turning point as a ‘uniswapping moment’, when trade on chains is generally considered more fair, faster, cheaper and safer than Legacy structures. At that stage, traditional centralized exchanges would gradually lose market share of blockchain-based platforms.
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In his short-term prospects, Galaxy expects tokenized shares between 0.7% and 4.6% of American market capitalization to represent within the first two years of adoption-equivalent to $ 0.5 trillion up to $ 3.3 trillion.
Under a bullish scenario of 10 years, tokenized shares can conquer 40% of the market, worth almost $ 50 trillion.
In the meantime, the predictions differ for two decades. A bear case sees the tokenization reach 12% of the US stock market, or $ 29.5 trillion, while the bull shop has no less than 78% penetration or an estimated $ 189.9 trillion in mind.
Interestingly, the company said that trading activities could follow a similar process.
In the most optimistic scenario, Galaxy projects that are tokenized shares are 93% of all US share trading volume, the fundamental change of liquidity, settlement times and access to investors.