Citi Thinks Wall Street, Not Crypto, Will Own the Tokenization Boom
Everyone in crypto is excited about stocks and bonds moving on-chain. Citi's forecast says the people running that shift may not be the ones who started it.
In its "Tokenization 2030: Wall Street On-Chain" report, Citi puts the tokenized financial asset market at about $17 billion today and projects a base case of $5.5 trillion by 2030. The range runs from $2.7 trillion to $8.2 trillion depending on adoption speed and regulation.
The part most people skip is who Citi expects to drive it:
๐ฆ Public equities and US Treasuries lead the growth, not private markets or real estate
๐ Exchanges and trading venues embedding tokenization into existing systems, which Citi called a "tipping point"
๐ค Old and new systems running side by side for years before the shift fully lands
Citi's read is that incumbents bring securities on-chain rather than getting displaced by crypto-native platforms. That fits this week's news: NYSE's parent company filed to tokenize 63 stocks, and Hyundai settled a cross-border transfer in 7 minutes using $USDT .
A CoinDesk headline this week adds another angle: research firm Citrini argues Wall Street's tokenization boom could have bigger winners than $BTC and $ETH themselves. In other words, the technology can win without every token riding it.
The caveats matter. These are forecasts, not guarantees, and tokenization could grow on private or permissioned rails that never touch the assets most holders own.
If Wall Street builds tokenization its own way, does that help crypto, or does it quietly sideline it? ๐
#Tokenization #RWA #ETH #CryptoNews #zyverra
Everyone in crypto is excited about stocks and bonds moving on-chain. Citi's forecast says the people running that shift may not be the ones who started it.
In its "Tokenization 2030: Wall Street On-Chain" report, Citi puts the tokenized financial asset market at about $17 billion today and projects a base case of $5.5 trillion by 2030. The range runs from $2.7 trillion to $8.2 trillion depending on adoption speed and regulation.
The part most people skip is who Citi expects to drive it:
๐ฆ Public equities and US Treasuries lead the growth, not private markets or real estate
๐ Exchanges and trading venues embedding tokenization into existing systems, which Citi called a "tipping point"
๐ค Old and new systems running side by side for years before the shift fully lands
Citi's read is that incumbents bring securities on-chain rather than getting displaced by crypto-native platforms. That fits this week's news: NYSE's parent company filed to tokenize 63 stocks, and Hyundai settled a cross-border transfer in 7 minutes using $USDT .
A CoinDesk headline this week adds another angle: research firm Citrini argues Wall Street's tokenization boom could have bigger winners than $BTC and $ETH themselves. In other words, the technology can win without every token riding it.
The caveats matter. These are forecasts, not guarantees, and tokenization could grow on private or permissioned rails that never touch the assets most holders own.
If Wall Street builds tokenization its own way, does that help crypto, or does it quietly sideline it? ๐
#Tokenization #RWA #ETH #CryptoNews #zyverra