Market Opportunity
Over the next 25 years, baby-boomers will pass $68 trillion to their children — the greatest generational wealth transfer in history. The demographic inheriting this windfall is technology-savvy, welcomes change and disruption, and has an inherent distrust of banks. At the same time, legacy financial markets and institutions lack the agility and willingness to be first-movers with new technologies.
The rapid rise of decentralized blockchain technology is an early indicator that the next generation of financial technology and asset management will need to exist on these digital rails. There is currently a massive opportunity to capture the private investment marketplace with disruptive technology given this market’s high friction, lack of transparency, illiquidity and complicated regulatory environment. At over 7 trillion dollars in size, the global private real estate markets are a prime example.
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