The bank projects exponential growth from a $17 billion market, driven by mainstream adoption and regulatory clarity.
Citigroup forecasts the tokenized securities market will expand to $5.5 trillion by 2030, up from $17 billion currently. The bank’s base case assumes robust adoption of onchain real-world assets like stocks and bonds, with a potential range of $2.7 trillion to $8.2 trillion.
The report highlights growing support from global stock exchanges integrating tokenization into trading systems. Regulatory progress, including U.S. legislation advancing to a Senate vote, is expected to accelerate adoption. Citigroup projects 10% of U.S. Treasury bills and 3% of public stocks will be tokenized by 2030.
Tokenization is shifting from testing phases to mainstream use, focusing on public markets rather than private assets.