Citi Forecasts Tokenized Securities Market Reaching $5.5T by 2030

Executive Briefing

• Projects market growing from $17B today to $5.5T by 2030, with range of $2.7T–$8.2T
• Expects 10% of U.S. Treasury bills and 3% of public stocks to tokenize within six years
• Estimates stablecoin growth could generate $1T in new Treasury demand and $2.6T in digital stock demand
• Positions stablecoins as critical settlement layer enabling always-on trading for tokenized assets
• Adds to growing Wall Street consensus, with Standard Chartered separately forecasting $4T by 2028