By Juan Hernandez via Iris.xyz
Although 2018 saw a continuation of the “crypto fever” from the prior year, experienced alternative asset market participants understood that the one-way ride couldn’t last forever. As regulators worldwide began to clamp down on crypto markets, many lamented that the crypto party was over. However, through this exhilarating period emerged a new application of the underlying technology in the alternative asset market: the security token. This new instrument shows the true potential of blockchain technology and provides a glimpse into the future of global markets.
The alternative asset market is one of the largest, fast-growing sectors. In fact, the market could grow 11.2% per year until 2020, which, if true, would make it a $15.3 trillion industry over the next four years. With innovations brought forth by blockchain technology to secure and automate data tracking and management, anyone interested in money should be paying attention to this powerful combination of growing interest in alternative assets mixed with increased market liquidity.
What does the future of finance hold? No one has a crystal ball, but as leading experts in digitized alternative asset trading, we’ve made three bold predictions of what to expect in this evolving market.
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