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Crypto Online Banking Company Meld to Launch Tokenized Real-World Assets
Meld, a crypto online banking company with a VASP license in Lithuania, is gearing up to introduce tokenized real-world assets (RWA) for retail investors.
Partnership with Swarm Markets
The bank will offer borrowing and lending services against tokenized RWA through a collaboration with German-licensed DeFi platform Swarm Markets.
Swarm Markets, claiming to be the world’s first regulated DeFi protocol, operates under a regulatory license from the Federal Financial Supervisory Authority (BaFin) in Germany.
Market Growth and Potential
Analysts predict that tokenized RWA could reach up to $10 trillion in a bullish scenario and $3.5 trillion in a bearish scenario by 2030.
The market is witnessing significant growth with the convergence of crypto and traditional asset classes such as fiat currencies, equities, government bonds, and real estate.
Future Outlook
Tokenization is expected to revolutionize infrastructure and financial markets, leading to increased efficiencies, cost reductions, and optimized supply chains, according to a report by Bank of America.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.