Tokenized Assets Exceed $50 Billion, Projected to Reach $2 Trillion by 2030

According to a new report, the market for tokenized assets across various classes has now exceeded $50 billion.

A recent report by Brickken, titled “RWA Tokenization: Key Trends and 2025 Market Outlook,” reveals that the total market for tokenized assets has surpassed $50 billion, with approximately $30 billion attributed to tokenized real estate.

This remarkable growth positions the tokenized asset market to potentially reach a $2 trillion market capitalization by 2030, as forecasted by McKinsey.

One of the report’s significant findings is the dramatic rise in debt tokenization, especially in Europe, with Germany leading the pack by accounting for nearly 60% of tokenized bond issuances.

A prime example of this trend is the European Investment Bank’s €100 million digital bond issued on Ethereum, a move spurred in part by the European Union’s clearer regulatory framework.

New players are expected to enter the market in 2025, including companies like Coinbase Asset Management, Glasstower, and Ripple. They will expand tokenized liquidity products alongside established giants such as BlackRock, Franklin Templeton, and UBS, as outlined in the report.

Tokenization in Real Estate

Real estate remains a significant area for tokenization due to its historically illiquid characteristics. This process facilitates fractional ownership, provides enhanced liquidity, and enables more efficient collateralization, with over $30 billion in real estate already tokenized or in the works.

Importantly, tokenized real estate assets are now being utilized as collateral on decentralized finance platforms, thereby improving access to liquidity.

Another major benefit of tokenization is its ability to broaden market access. Traditional real estate investments or private equity funds often demand substantial capital commitments, effectively limiting participation to institutional investors or high-net-worth individuals.

The report states that tokenization allows assets to be divided into smaller, more affordable fractions, thereby making them available to a wider range of investors.

This strategy has the potential to democratize investment opportunities, giving retail investors the chance to engage in high-value assets like commercial real estate without the usual obstacles encountered in these markets.

The report also emphasizes the rise of tokenized liquidity products, such as Franklin Templeton’s BENJI fund and BlackRock’s USD Institutional Digital Liquidity Fund, underscoring the increased accessibility of tokenized investments for both retail and institutional markets.