NASDAQ-listed Advasa Holdings enters Real-World Assets space and cites Ripple-BCG research projecting $18.9T tokenization market by 2033.
RWA & Tokenization ·
Advasa Holdings, a Nasdaq-listed fintech company, announced entry into the Real-World Assets market and cited research from Ripple and Boston Consulting Group projecting the tokenization market could reach $18.9 trillion by 2033. The disclosure underscores growing institutional attention to tokenization infrastructure as a path toward production-grade digital asset issuance.
Ripple's positioning in this space was bolstered by a September 1 partnership with Settlemint that integrated its custody operations with Settlemint's Digital Asset Lifecycle Platform. The combined system consolidates issuance, compliance, custody, settlement, and asset servicing—functions institutions previously assembled from multiple vendors. Ripple's custody layer now anchors a broader stack including key management, transaction screening, wallet services, and staking capabilities built for banks advancing beyond pilot programs.
BCG's analysis projects tokenized real-world assets could reach $88 trillion by 2035 under a progressive adoption scenario, though the same research flags potential downside risks, including a projected 30 percent decline in bank profits if digital asset adoption accelerates. Rollout has begun in Asia Pacific, with live tokenization already in production including Aviva Investors' tokenized fund on the XRP Ledger. The extent of institutional demand driving expansion beyond the region remains to be seen.