TLDR Tech / Crypto
Citi: Tokenized Securities Market to Reach $5.5T by 2030
Citi projects the tokenized securities market will grow from $17 billion today to $5.5 trillion by 2030. Asset class demand is heavily concentrated in tokenized stocks at $2.6 trillion, assuming 10% of US investors shift to digital platforms, and US Treasuries at $1 trillion driven by stablecoin reserve backing, while private credit and private equity each contribute only $100 billion. Citi identifies three primary growth drivers: DTCC, Nasdaq, and ICE embedding tokenization into core trading infrastructure, stablecoins reaching $1.9 trillion in circulation by 2030 to enable instant settlement, and the Clarity Act advancing through the Senate Banking Committee. The prolonged coexistence of legacy and digital systems benefits large institutions controlling both the underlying assets and the payment rails, reinforcing incumbents over challengers.
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