Data
Bank research desks put tokenization at $3–10T within a decade
Deutsche Bank Research projects tokenized assets excluding stablecoins could reach $4T by 2035. Morgan Stanley's head of digital asset strategy expects $3–10T by 2030. The IMF counted about $65B in July using a broader method.
Sources
The Migration by Concrete tracks traditional finance moving on-chain, reading every token directly from public blockchains. See all our counts.
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