Citi Predicts Tokenized Securities Market Could Reach $5.5 Trillion by 2030

Citi projects the tokenized securities market will expand from $17 billion to $5.5 trillion by 2030, signaling a major transition from pilot programs to production-scale financial infrastructure. This growth is supported by institutional initiatives, including DTCC's planned tokenized trades starting in July and Nasdaq's development of a blockchain-based shares framework for 2027. Stablecoins are expected to reach a $1.9 trillion market value, potentially driving $1 trillion in new demand for U.S. Treasuries as issuers utilize them for reserves. Citi anticipates that 10% of U.S. Treasury bills and 3% of U.S. equities will be on-chain by the end of the decade. Furthermore, retail-driven demand for tokenized stocks could reach $2.6 trillion if digital trading platforms capture 10% of the retail market. These developments highlight a shift where major global financial institutions are actively integrating blockchain technology into existing capital market systems. This evolution positions tokenized real-world assets as a primary growth driver for blockchain adoption throughout the decade.