PDAX: The Philippine tokenized asset market is projected to reach $60 billion by 2030.

On November 28th, according to a report by the Philippine Digital Asset Exchange (PDAX), the Philippine tokenized asset market is projected to reach $60 billion by 2030.

The Project Bayani white paper, jointly released by PDAX, Saison Capital, and Onigiri Capital, shows that this forecast covers the growth of blockchain tokenization in government bonds, stocks, mutual funds, and other investment products. The report indicates that over 14% of Filipinos already hold cryptocurrencies, compared to only 2.4% holding stocks and less than 1% holding bonds.