‘Everything is lining up’ — Tokenization is having its breakout moment
Tokenization of real-world assets (RWAs) is transitioning into a practical financial tool, with significant developments from both traditional financial institutions and blockchain firms. BlackRock filed to create a digital shares class for its $150 billion Treasury Trust fund using blockchain technology. Libre plans to tokenize $500 million in Telegram debt through its new Telegram Bond Fund. MultiBank Group signed a $3 billion RWA tokenization deal with MAG and Mavryk, marking the largest initiative to date. Regulatory clarity and advancements in technology are driving this trend, particularly under the pro-crypto stance of the Trump administration. Ethereum remains the primary platform for RWA tokenization, though alternative ecosystems are emerging. Challenges include regulatory barriers and technical limitations, but projections suggest that 5% to 30% of global financial assets could be tokenized by 2030, with the RWA market potentially reaching $30 to $50 trillion.
