Morgan Stanley projects tokenized asset market will reach $3 trillion to $10 trillion by 2030
Morgan Stanley digital asset executive Amy Oldenburg expects the tokenized real-world asset market to reach up to $10 trillion by 2030 as institutional participation expands from its current $349.1 billion base.
The tokenized real-world asset market will reach between $3 trillion and $10 trillion by 2030 "without question," according to Amy Oldenburg, head of digital asset strategy at Morgan Stanley. Reported by The Block, Oldenburg stated that "energy drives energy across our industry" and pointed to growing institutional interest, noting that "there's a lot of FOMO in the institutional space." Crypto Briefing noted that the projected expansion could drive innovation and increase institutional participation across financial markets.[5][6][3][1]
Following the forecast, analytics platform Token Terminal outlined key beneficiaries positioned to capture value from sector growth. These include compliant issuers that earn yield on underlying asset reserves, blockchain networks that record ownership and collect transaction fees around the clock, and decentralized finance protocols that generate fees by facilitating trading, lending, and borrowing of tokenized products.[2][4][7]
Token Terminal dashboard data indicates the tokenized asset market cap currently stands at $349.1 billion across 12,868 assets, 350 issuers, 50 blockchains, and 318.4 million holders. Stablecoins dominate the sector at $302.1 billion, led by Tether with $184.3 billion and Circle with $73.4 billion, with Ethereum ($162.8 billion) and Tron ($94.8 billion) hosting the largest shares. Tokenized funds represent $35.1 billion, led by Sky at $5.0 billion and Securitize at $3.7 billion, followed by $8.1 billion in tokenized commodities and $3.9 billion in tokenized stocks.[2][4]
Key facts
- Morgan Stanley Head of Digital Asset Strategy Amy Oldenburg stated that the tokenized real-world asset market will reach between $3 trillion and $10 trillion by 2030 "without question."
- Oldenburg remarked that "energy drives energy across our industry" and cited significant institutional "FOMO."
- Token Terminal identified compliant reserve-yield issuers, fee-earning blockchain networks, and DeFi venues as primary beneficiaries of tokenization expansion.
- Token Terminal's dashboard records a total tokenized asset market cap of $349.1 billion across 12,868 assets, 350 issuers, 50 blockchains, and 318.4 million holders.
- Stablecoins represent $302.1 billion of the tokenized asset market cap, with Tether ($184.3 billion) and Circle ($73.4 billion) as the largest issuers, and Ethereum ($162.8 billion) and Tron ($94.8 billion) as top host chains.
- Tokenized funds, commodities, and stocks account for $35.1 billion, $8.1 billion, and $3.9 billion of the market cap, respectively.
Sources · 5 sources
- KC
Kalshi Crypto@Kalshi_CryptoPost on X ·
JUST IN: Morgan Stanley says the tokenized assets market will hit $3 trillion to $10 trillion by 2030
Open source - TT
Token Terminal 📊@tokenterminalPost on X ·
Morgan Stanley says tokenized assets will reach $3T–$10T by 2030 Who makes money? Chains that record asset ownership & process transactions 24/7/365, earning transaction fees https://t.co/j90230wnLa
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: Institutional adoption could push the tokenized real-world asset market to as much as $10 trillion by 2030, Morgan Stanley says https://t.co/DvwdoK0BaA
Open source - TT
Token Terminal 📊@tokenterminalPost on X ·
Morgan Stanley says tokenized assets will reach $3T–$10T by 2030 Who makes money? Issuers that bring assets onchain in a compliant manner, earning yield on reserves https://t.co/eEXg8x2v0j
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Morgan Stanley's Head of Digital Asset Strategy Amy Oldenburg said the tokenized RWA market will be within the $3 trillion to $10 trillion range by 2030 "without question." "Energy drives energy across our industry. There's a lot of FOMO in the institutional space," Oldenburg said.
Open source - CB
Crypto BriefingArticle ·
Morgan Stanley projects tokenized assets market could hit $10T by 2030 The projected growth in tokenized assets could revolutionize financial markets, driving innovation and increasing institutional participation. The post Morgan Stanley projects tokenized assets market could hit $10T by 2030 appeared first on Crypto Briefing .
Open source - TT
Token Terminal 📊@tokenterminalPost on X ·
Morgan Stanley says tokenized assets will reach $3T–$10T by 2030 Who makes money? DeFi venues that earn fees by enabling trading, lending & borrowing of tokenized assets https://t.co/s3kg0RV2HK
Open source