The market for tokenized real-world assets (RWA) could grow 50 times over the next six years as tokenization offers significant opportunities for financial institutions and investors.
Analysts at Tren Finance examined forecasts from major financial institutions and consulting firms regarding the tokenized asset market and concluded that by 2030, the RWA market could increase by an average of 50 times.
According to forecasts from six TradFi institutions, analysts estimate that the tokenized asset market will grow to an average of $12 trillion over the next six years. RWA.xyz data shows that in 2024, the tokenized asset market is approximately $185 billion, including stablecoins. This translates to an average projected growth rate of 54 times the volume by 2030.
The analysis was based on the following reports:
Company | Industry | Projected market growth by 2030 |
McKinsey & Company | International consulting firm | $2 trillion to $4 trillion |
21.co | Subsidiary of 21Shares | $4 trillion to $16 trillion |
Citigroup | One of the largest transnational financial conglomerates | up to $5 trillion |
Roland Berger | International management consulting company | up to $10.9 trillion |
Boston Consulting Group | International consulting company that specializes in management consulting | up to $16 trillion |
Standard Chartered Bank | Transnational corporation that provides financial services | up to $30.1 trillion |
The Tren Finance report highlights that the RWA sector is drawing attention from major players in the TradFi market due to the cost-cutting and operational transparency that tokenization offers. In turn, the growing interest in integrating tokenized assets into the global economy is encouraging the sector to grow even further.
Among the key growth drivers in the RWA market, analysts highlighted:
- improved regulatory environment;
- advances in technology, particularly making the tokenization process more secure and accessible;
- financial institutions’ desire to upgrade their accounting systems.
The tokenized asset market reached a record $12 billion in September 2024, largely due to the popularity of tokenized U.S. Treasury bonds.