Citigroup projects tokenized assets could reach $5.5T by 2030

Citi Institute's new report says tokenization has moved into core financial plumbing, with US Treasuries and equities leading the way Citi thinks Wall Street is about to move a lot of its furniture on-chain. In a June 2026 report titled “Tokenization 2030: Wall Street On-Chain,” the Citi Institute projects that the global market for tokenized assets could reach $5.5 trillion by 2030 in its base-case scenario. Today, the bank pegs that market at around $17 billion. Citi offers three scenarios, depending on how fast adoption moves. The bear case lands at $2.7 trillion, the base case at $5.5 trillion, and the bull case at $8.2 trillion. The model rests on a few specific assumptions.

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