Citi Lifts 2030 Tokenized-Asset Forecast to $5.5 Trillion as DTCC, NYSE, Nasdaq Integrate
Updated
Updated · The Asian Banker · Jun 5
Citi Lifts 2030 Tokenized-Asset Forecast to $5.5 Trillion as DTCC, NYSE, Nasdaq Integrate
3 articles · Updated · The Asian Banker · Jun 5
Summary
$5.5 trillion is Citi Institute’s new 2030 base-case for tokenized assets, up from $4 trillion-$5 trillion, with public-market securities now expected to drive growth instead of private assets.
$2.6 trillion of that total would come from tokenized US equities, alongside $0.8 trillion in Treasury bills and $0.6 trillion in money market funds, while today’s market is only about $17 billion.
DTCC, which custodies more than $114 trillion through DTC, plans limited tokenized-asset trades in July 2026 and a full service launch in October covering Russell 1000 stocks, major ETFs and Treasuries.
NYSE is building a 24x7 tokenized securities platform with Securitize, and Nasdaq won SEC approval in March 2026 to issue, trade and settle some stocks and ETFs in tokenized form within existing infrastructure.
Citi says regulated on-chain money is the missing enabler—projecting stablecoins at $1.9 trillion by 2030—while warning Asian institutions may face interoperability gaps because their markets are leaning toward CBDCs and tokenized deposits instead.
With the US and Asia choosing different digital currencies, how will this financial split reshape global markets?
How will regulators prevent flash crashes in tokenized markets that trade 24/7 with near-instant settlement?
Will Wall Street's on-chain platforms create new digital monopolies or truly democratize access to wealth?
Citi Forecasts $5.5 Trillion Tokenized Asset Market by 2030: Institutional Adoption, Regulatory Shifts, and Future Outlook
Overview
Tokenized assets are rapidly transforming financial markets, with Citi now projecting the market could reach $5.5 trillion by 2030, a huge leap from today’s $17 billion. This growth is fueled by recent institutional and regulatory advancements, making tokenization more credible and mainstream. Younger, digitally native investors are driving adoption, pushing traditional assets like equities and bonds onto blockchain platforms. If just 10% of U.S. retail investors use on-chain solutions, demand for tokenized public equities could hit $2.6 trillion. The rise of stablecoins further accelerates this shift, supporting instant transactions and expanding the market’s potential.