Goldman Sachs Expert: Crypto Market Capitalization Will Reach $300T
Raoul Pal, former senior manager and macro investor at Goldman Sachs, has predicted the capitalization of the digital assets market will grow to $300 trillion over the next 10 to 15 years.
According to him, the capitalization of almost all financial markets ranges between $200 trillion and $300 trillion. Pal believes that in the future, cryptos will also reach this level as part of the «fastest and largest growth» in history.
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The forecast is based on the amount of activity around the digital asset industry and Web3. Pal has also highlighted an influx of $60 billion in venture capital investment over the past 18 months.
He is confident the market capitalization of cryptocurrencies will soar immediately after the end of the macroeconomic turbulence. According to him, many new products will appear in the cryptocurrency industry in the next 6 to 12 months.