TechFlow news, May 10 — According to Lumia on X, physical assets worth $16 trillion—including real estate, gold, and invoices—are expected to be tokenized by 2030, with smart contracts serving as the key enabling infrastructure.
Lumia stated that smart contracts, as self-executing agreements on blockchain, can automate ownership transfers, payments, and compliance processes without intermediaries, eliminating manual handling and cumbersome paperwork in the tokenization of physical assets.
The post also noted that Hamilton Lane, a private markets firm managing over $800 billion in assets, has partnered to tokenize shares of its flagship equity fund. The associated smart contracts automatically verify investor eligibility (via KYC), issue compliant tokens, and transparently track every transaction.
