Approaching the Tokenization Tipping Point

$19T by 2033

The tokenized real-world asset market is expected to grow 30x, transforming how assets are issued, traded, and settled

More than cost savings

Institutions adopting early can unlock new revenue streams and infrastructure advantages

Overall tokenized assets are expected to increase to over $18 trillion, reflecting a CAGR of 53%. From real estate to lending and credit, tokenization is redesigning the infrastructure layer that global financial institutions depend on. The promise: a financial system that’s programmable, interoperable, always on, and broadly accessible.

This report by Boston Consulting Group and Ripple lays out the state of tokenization today, where it’s heading in the next five to eight years, and why the shift matters (and is in fact already happening) now. We cut through the hype to examine what’s working, what’s not, and how institutions can continue the move from pilot projects and proofs of concept to scale. For financial institutions—especially banks—the message is clear. Tokenization isn’t a side project. It’s a strategic path. It can be considered a new evolutionary step in finance.