PANews reported on November 27th that, according to CoinDesk, Philippine digital asset exchange PDAX released its white paper, "Project Bayani," today, projecting that the country's asset tokenization market will reach $60 billion by 2030, encompassing areas such as public equity, government bonds, and mutual funds. PDAX and GCash have already driven the tokenization of government bonds, allowing retail investors nationwide to participate with a minimum investment of $8.50, and more than half of the accounts have chosen to hold the bonds in token form.