Carlos Domingo, chief executive of real-world asset (RWA) tokenization firm Securitize, has predicted that the tokenization of stocks and exchange-traded funds (ETFs) will become the primary catalyst for expanding the RWA market to multi-trillion-dollar levels. Speaking on a panel at ETHConf in New York, Domingo pointed to the global stock and ETF market, valued at approximately $150 trillion, as the foundation for this growth.
From $30 Billion to $5 Trillion
According to Domingo, if just 2% to 3% of that $150 trillion market moves onto blockchain-based platforms, the total addressable market for tokenized real-world assets could approach $5 trillion. Currently, the RWA tokenization sector is estimated at roughly $30 billion, having grown primarily through tokenized U.S. Treasury products over the past two years. Domingo noted that while Treasurys have led the charge, the next phase of expansion will be driven by equity and ETF tokens, which offer broader investor access and greater liquidity.
Why Stock Tokens Matter
Tokenized stocks and ETFs represent a shift from traditional financial infrastructure to decentralized, programmable ledgers. By issuing shares or fund units on-chain, issuers can reduce settlement times, lower administrative costs, and enable fractional ownership. For retail and institutional investors alike, this means the ability to trade traditional securities 24/7 on global exchanges without relying on conventional brokerage hours or intermediaries.
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