Tokenized assets may grow to $400 billion by 2026, with banks and asset management institutions entering the market at an accelerated pace

Comparatively, as stablecoins verify product market fit (PMF) in 2025, the crypto industry is promoting the further role of “on-chain dollars”, tokenizing assets such as stocks, ETFs, money market funds, and gold as a basic module for tradable on-chain finance. A number of industry executives expect the tokenized asset market to grow to around $400 billion by 2026.

Hashdex Chief Investment Officer Samir Kerbage said that the current tokenized assets are around $36 billion, and the next phase of growth will stem more from structural remodeling of value transfer methods rather than simply speculative demand. It points out that after stablecoins mature as “on-chain cash,” capital will naturally flow to investable assets and become a bridge between digital currency and the digital capital market.

The report points out that in the 2025th, the amount of tokenized assets was close to 20 billion US dollars, and traditional financial institutions such as BlackRock, J.P. Morgan Chase, and Bank of New York Mellon are deeply involved. Tether CEO Paolo Ardoino believes 2026 will be a critical year for banks to move from pilot to actual deployment, especially in emerging markets, where tokenization can help issuers bypass traditional infrastructure restrictions.

Furthermore, Centrifuge COO Jürgen Blumberg predicts that by the end of 2026, on-chain real-world assets (RWA) holdings may exceed $100 billion, and more than half of the top 20 global asset managers will launch tokenized products. Securitize CEO Carlos Domingo pointed out that native tokenized stocks and ETFs will gradually replace the synthetic asset model and become important high-quality collateral in DeFi.

CoinDesk believes that legal clarity, cross-chain interoperability, and a unified identity system are still key prerequisites for the expansion of the tokenized market, but industry consensus has moved from “whether to go online” to “the scale and speed of going on-chain.” (CoinDesk)