Binance Research said tokenized assets could reach $1.6 trillion by 2030 as institutions test blockchain-based financial products. U.S. Treasury products, gold-backed commodities, and tokenized public equities remain key areas of adoption.
Key Takeaways:
Binance Research framed tokenization as a bridge between traditional finance and blockchain systems.Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%.Regulatory progress could shape whether tokenized markets move beyond early institutional pilots.Treasury products, gold-backed commodities, and tokenized public equities remain among the clearest areas of activity. U.S. Treasury-linked tokens represent roughly half of real-world asset market value, while tokenized commodities are mostly gold-backed at around $5.1 billion. Tokenized equities have reached about $1.5 billion after growing from below $300 million at the start of 2025. Current adoption remains limited relative to the broader financial system. Binance Research estimated tokenized penetration across the five core asset classes modeled in the report — fixed income, equities, real estate, private credit, and commodities — at roughly 0.01% of the total addressable market. The analysis added:
“Even sub-1% aggregate penetration by 2030 would represent a potentially trillion-dollar market, with our base case suggesting around US$1.6T.”
Financial Firms Test New Blockchain Rails“If these reinforce one another, tokenization could become a broader financial-market rail.”
Adoption is still concentrated in products that institutions already understand. Binance Research tied further growth to regulation, infrastructure, issuer activity, and investor demand moving in the same direction. The report positioned tokenization as a financial-market shift that depends on practical deployment rather than isolated pilots.
