Grayscale Sees Massive Upside for Tokenized Real-World Assets

Tokenized real-world assets (RWA) currently represent only a tiny fraction of global financial markets, but their long-term growth potential remains significant.

Grayscale estimates that tokenized assets today account for roughly 0.01% of global equity and bond markets. However, as blockchain infrastructure develops and regulatory clarity improves, that figure could increase by as much as 1,000 times by 2030.

Infrastructure and Regulation as Key Drivers

Grayscale points to two primary constraints limiting adoption so far: immature on-chain market infrastructure and an evolving regulatory framework. Both areas are gradually improving, creating conditions for broader institutional participation.

As these barriers ease, tokenization could extend beyond crypto-native use cases into traditional asset classes such as equities, fixed income, and private markets.

Industry Leaders Reinforce the Long-Term View

The long-term thesis is echoed by executives across the financial industry. The CEO of Coinbase has previously described tokenization as an inevitable shift, arguing that assets will increasingly migrate onto blockchain rails as the technology matures.

Meanwhile, the CEO of BlackRock has highlighted the breadth of tokenization’s potential, spanning real estate, stocks, bonds, and other financial instruments, while noting that the sector remains at an early stage of development.

An Industry Still in Its Early Phase

Despite growing interest from asset managers and exchanges, tokenization has yet to reach meaningful scale. Market participants broadly agree that adoption will likely be gradual rather than immediate, shaped by regulation, custody standards, and investor demand.

For now, tokenized assets remain niche. But according to Grayscale and industry leaders, the structural foundations for future growth are steadily being laid.