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, Nasdaq's 2027 blockchain shares framework, and ICE's exploration of tokenized equities. Stablecoins are expected to reach a $1.9 trillion market value, potentially driving nearly $1 trillion in additional 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 10% of retail investors migrate to digital trading platforms. This shift marks a departure from niche crypto experimentation toward the integration of blockchain technology into global capital markets. The forecast underscores the increasing role of traditional financial giants in establishing blockchain as a primary vehicle for real-world asset management.