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 …

Full story available on Benzinga.com

By

Leave a Reply

Your email address will not be published. Required fields are marked *