Tokenized assets hit $50b, projected to reach $2T by 2030
The market for tokenized assets across all classes has now exceeded $50 billion, according to a new report.
According to a recent report from Brickken, titled “RWA Tokenization: Key Trends and 2025 Market Outlook,” the market for tokenized assets across all classes has now surpassed $50 billion, with $30 billion of that total stemming from tokenized real estate.
This growth positions the tokenized market to reach a $2 trillion market cap by 2030, as projected by McKinsey.
One of the report’s key insights is the surge in debt tokenization, particularly in Europe, where Germany leads the way, accounting for nearly 60% of tokenized bond issuance.
The European Investment Bank’s €100 million digital bond on Ethereum serves as a prime example of this trend, driven in part by the European Union’s regulatory clarity.
New entrants are set to join the space in 2025, including companies like Coinbase Asset Management, Glasstower, and Ripple, expanding tokenized liquidity products alongside industry giants such as BlackRock, Franklin Templeton, and UBS, according to the report.
Real estate tokenization
Real estate continues to be a major focus for tokenization due to its traditionally illiquid nature. The process enables fractional ownership, enhanced liquidity, and more efficient collateralization, with over $30 billion in real estate already tokenized or in the pipeline.
Notably, tokenized real estate assets are now being used as collateral on decentralized finance platforms, increasing access to liquidity.
Another key advantage of tokenization is the potential for broadening market access. Traditional real estate investments or private equity funds often require substantial capital commitments, limiting participation to institutional investors or high-net-worth individuals.
Per the report, tokenization allows assets to be fractionalized into smaller, more affordable units, making them accessible to a larger pool of investors.
This approach can democratize investment opportunities, offering retail investors the chance to participate in high-value assets such as commercial real estate without the barriers typically associated with these markets.
The report also highlights the growth of tokenized liquidity products, such as Franklin Templeton’s BENJI fund and BlackRock’s USD Institutional Digital Liquidity Fund, demonstrating the increasing accessibility of tokenized investments across both retail and institutional markets.
