Citi Projects Tokenization Market to Reach $5.5 Trillion by 2030

According to Citi Institute report 'Tokenization 2030' released on June 1, the global tokenized asset market could reach $5.5 trillion by 2030, compared to the current market size of approximately $17 billion. The growth is expected to be driven primarily by the tokenization of public market securities such as U.S. equities and government bonds, as digital-native younger investors increasingly demand 24/7 market access.

Citi outlined a range of scenarios: a downside scenario of $2.7 trillion and an upside scenario of $8.2 trillion by 2030. The bank also forecasted the compliance-focused stablecoin market would grow to $1.9 trillion by 2030. Citi noted the transition would be gradual, with both tokenized and legacy systems operating in parallel, and emphasized that interoperability between the two systems would be key to market expansion.