Citigroup projects that the global market for tokenized assets could reach $5.5 trillion by 2030, up from approximately $17 billion today. The bank presents three scenarios: $2.7 trillion in the bear case, $5.5 trillion in the base case, and $8.2 trillion in the bull case. It expects 10% of the US Treasury-bill market and 3% of the US public-equity market to be tokenized by 2030. The stablecoin market is forecast to reach $1.9 trillion, potentially supporting up to $1 trillion in on-chain US Treasuries. The DTCC is targeting limited production of tokenized securities in July 2026, with a fuller rollout planned for October 2026.
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