The market for tokenized real-world assets continues to expand rapidly, with Citigroup predicting that the sector could reach $8.2 trillion by 2030 under a bullish scenario.
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Citigroup predicts that the tokenized asset market could reach $5.5 trillion in a base case and $8.2 trillion by 2030. According to data from Token Terminal, tokenized assets have exceeded $43 billion, increasing by approximately 37% in the past six months. As financial institutions expand their blockchain-based financial products, financial advisors are increasingly turning to tokenization and stablecoins.
According to Citigroup, tokenization is moving beyond experimental programs and into mainstream financial infrastructure as regulatory transparency improves and major market institutions integrate blockchain technology into their operations.
The bank estimates that while its base-case outlook suggests the market could reach $5.5 trillion, stronger adoption could push this figure to more than $8 trillion by the end of the decade.
Recent on-chain data suggests that growth is already accelerating. According to Token Terminal, the market value of tokenized assets is now over $43 billion, an increase of approximately 37% over the past 180 days.
The platform’s estimated value is higher than the number reported by RWA.xyz, which currently values ​​the market at less than $33 billion, but this difference likely has to do with how each provider categorizes tokenized financial products.
Tokenized funds remain the largest category
Tokenized funds account for almost 80% of the sector’s total market capitalization, according to Token Terminal data. Commodities account for 16.6% of the market, while tokenized equities contribute around 3.8%.
Network activity continues to focus on Ethereum. Ethereum hosts 57.8% of all tokenized asset value tracked on Token Terminal. BNB Chain follows with 8.5% and zkSync Era maintains 7.5%. XRP Ledger and Stellar account for 5.8% and 5.4% respectively.
Issuer rankings show that Sky holds the largest share with $6.1 billion in tokenized assets. According to Token Terminal, Securitize and Ondo Finance each manage approximately $3.6 billion in tokenized assets.
Along with these numbers, institutional interest continues to grow. Bitwise Chief Investment Officer Matt Hogan said in a recent note that conversations with a team representing over 40 financial advisors revealed a growing interest in tokenization and stablecoins.
Hogan wrote that advisors appear to be more focused on practical blockchain applications in payments, markets, and real-world assets than on Bitcoin itself.
A 2026 study conducted by Bitwise with VettaFi found that 56% of financial advisors personally own cryptocurrencies and 42% can purchase cryptocurrencies on behalf of their clients. Hogan noted that advisors collectively oversee more than $175 trillion in assets.
Financial companies are expanding their tokenization efforts
Several leading institutions have publicly stated their expectations for continued growth in this area.
Earlier this week, Standard Chartered began reporting on Uniswap, claiming that tokenized assets could be a major driver of decentralized finance adoption. The bank predicted that the DeFi sector could reach $2.7 trillion by 2030 as more financial products move to blockchain-based systems.
Citigroup has identified organizations such as the Depository Trust & Clearing Corporation, the New York Stock Exchange, and Nasdaq as key participants in the tokenization process. The bank said adoption by these institutions could accelerate the use of blockchain infrastructure in asset issuance and payments.
Besides tokenized funds and private credits, tokenized stocks are also gaining traction. Platforms like Ondo Markets and xStocks are expanding access to blockchain-based equity products as demand for tokenized financial products grows.
Confirming this trend, Binance Research stated in a report released earlier this month that tokenization is no longer just focused on U.S. Treasuries. According to the report, the sector is evolving into a more diversified ecosystem that includes multiple asset classes and income generation opportunities.
