Kendrick Nguyen, CEO of Republic, said that digitized financing could become “accessible to the true retail public,” allowing consumers to invest in “real-world assets.” This statement was made during his presentation at Binance Blockchain Week.
“We are talking about digitized financing, which is the private markets completely digitized, accessible to the true retail public,” said Nguyen. “Taylor Swift tomorrow, allowing all of her fans to invest in a song revenue sharing, very much real-world assets. One of these days, you’re going to have tokenized people on-chain… So all of a sudden, you’re going to have hundreds of millions of people caring about what it means to be on-chain.”
According to a 2023 report by Boston Consulting Group (BCG), the tokenized asset market is projected to grow from $1.5 trillion to $16.1 trillion by 2030. The outlook for borderless, on-chain investments appears promising.
The BCG report further indicates that real estate tokenization alone could contribute up to $3.2 trillion to the overall market. By enhancing liquidity, simplifying operations, and enabling borderless access, tokenization is transforming investor engagement with high-value assets and fostering more inclusive global markets.
Traditional alternative investments often require minimum investments exceeding $250,000, creating barriers for many individuals. Bain & Company reports that tokenization can reduce these minimum investment amounts to as low as $1,000, thereby “broadening the investor base significantly” and allowing more individuals to participate in high-value asset markets. This democratization of access can lead to a more inclusive financial system.
Nguyen has co-founded fintech startups and advised investment funds, startups, and blockchain projects. He previously worked in business management, product strategy, and investing and has a background in law and academia.
Binance Blockchain Week is a conference that brings together innovators, founders, investors, regulators, and officials to discuss the future of blockchain and Web3. According to the event’s website, this year’s theme is “Momentum.” The website states: “Momentum propels our industry, not only taking us through challenges but also leading us to our biggest achievements.”
