Security Tokens Could See Rapid Growth in Europe, Outpacing Cryptocurrencies
Security tokens could take off in Europe, potentially surpassing market volume for cryptos by 2026.
Updated Sep 14, 2021 at 1:02 p.m. UTC
Security tokens, or digitized versions of traditional investments like stocks, bonds and real estate, could surpass the market volume for cryptocurrencies in the next five years.
The market volume for security tokens in Europe is expected to reach 918 billion euros by 2026, according to the study, published May 21.
- “The security tokens market is evolving dynamically and can still be considered to be in its infancy phase,” according to the study.
- The authors estimate European security token growth of around 81% per year over the next five years across assets such as real estate, debt and fiat currencies.
- Upcoming regulations are expected to align with the aim of the European Commission to create a “harmonized digital asset market,” according to the study.