Tokenized assets are projected to reach $400 billion by 2026, prompting banks and asset management institutions to accelerate their entry into the market.

As stablecoins validate Product-Market Fit (PMF) in 2025, the crypto industry is pushing for the further development of "on-chain dollars," tokenizing assets such as stocks, ETFs, money market funds, and gold as tradable on-chain financial infrastructure modules. Several industry executives predict the tokenized asset market will grow to approximately $400 billion by 2026. Samir Kerbage, Chief Investment Officer of Hashdex, stated that the current tokenized asset market is worth approximately $36 billion, and the next phase of growth will stem more from a structural reshaping of value transfer methods than from purely speculative demand. He pointed out that once stablecoins mature as "on-chain cash," funds will naturally flow to investable assets, becoming a bridge between digital currencies and digital capital markets. The report indicates that the tokenized asset market has already approached $20 billion by 2025, with traditional financial institutions such as BlackRock, JPMorgan Chase, and Bank of New York Mellon deeply involved. Tether CEO Paolo Ardoino believes 2026 will be a pivotal year for banks, moving from pilot programs to full-scale deployments, especially in emerging markets, where tokenization can help issuers bypass traditional infrastructure limitations. Furthermore, Centrifuge COO Jürgen Blumberg predicts that by the end of 2026, the total value locked in on-chain real-world assets (RWA) may exceed $100 billion, with more than half of the world's top 20 asset management institutions launching tokenized products. Securitize CEO Carlos Domingo points out that natively tokenized stocks and ETFs will gradually replace synthetic assets and become important high-quality collateral in DeFi. CoinDesk believes that legal clarity, cross-chain interoperability, and a unified identity system remain key prerequisites for the expansion of the tokenization market, but the industry consensus has shifted from "whether to go on-chain" to "the scale and speed of on-chain deployment." (CoinDesk)