Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030
Tokenization of real-world assets is moving from experimentation into mainstream finance. Citi estimates the current market at about $17 billion and projects growth to $5.5 trillion by 2030, with a range from $2.7 trillion to $8.2 trillion depending on adoption speed. The main drivers are: traditional market infrastructure firms like DTCC, Nasdaq, and ICE building tokenized securities into trading systems; the rapid rise of stablecoins and digital bank deposits, which could enable instant settlement and add about $1 trillion in demand for U.S. Treasuries; and clearer U.S. regulation advancing through Congress. Citi expects growth to concentrate in public markets such as U.S. stocks and Treasury bills, not private assets. The transition will be gradual, with legacy and onchain systems running in parallel for years, favoring large institutions that control both assets and payment rails.
