Online reports, according to CoinDesk, joint research by Ripple and Boston Consulting Group (BCG) shows that the size of the global asset tokenization market is expected to exceed US$18.9 trillion by 2033. The report pointed out that although blockchain technology can significantly improve the liquidity of traditional assets and reduce transaction costs, obstacles such as imperfect regulatory frameworks and lack of market infrastructure still need to be overcome. The forecast covers diverse asset classes such as real estate and private equity, and Ripple emphasized that its blockchain solutions have been verified for feasibility in some institutional pilots.