On-chain concern is nary longer hypothetical, but the roadworthy up — powered by accelerated infrastructure improvements and shifting marketplace conditions — is wherever the existent translation begins, says Carlos Domingo of Securitize.
Jun 25, 2025, 3:00 p.m.
Real-world plus (RWA) tokenization has passed its proof-of-concept phase. With implicit $20 cardinal successful tokenized assets and organization momentum from top-tier plus issuers specified arsenic Apollo, BlackRock, Hamilton Lane, KKR and VanEck, among others, on-chain concern is nary longer hypothetical. But the roadworthy up — powered by accelerated infrastructure improvements and shifting marketplace conditions — is wherever the existent translation begins.
Here are the five cardinal technological and five cardinal market drivers shaping the adjacent 3 years of tokenization:
Technological drivers
1. Blockchain infrastructure maturity
Layer 1s and furniture 2s are scaling quickly, reducing fees and improving UX. Seamless wallet usage, relationship abstraction and little state costs volition marque holding tokenized assets frictionless for institutions and individuals alike.
2. Smart declaration evolution
Contracts are becoming safer, much composable and progressively automated. Expect AI to assistance successful designing and auditing contracts that powerfulness yield, compliance and plus servicing — each with little manual oversight.
3. On-chain individuality integration
Wallet-linked KYC and decentralized individuality protocols volition streamline onboarding without sacrificing privacy, a captious breakthrough for organization adoption and retail accessibility.
4. Institutional-grade custody
MPC wallets, betterment protocols and regulated custody options volition resoluteness long-standing custody concerns — making tokenized assets genuinely investable astatine scale.
5. Regulated marketplaces & speech integration
More tokenized assets volition commercialized connected SEC-regulated ATS platforms and go disposable on-chain via compliant DEXs, driving liquidity and transparency crossed plus classes.
Market drivers
1. Regulatory clarity
Regulators successful the U.S., EU, and APAC are advancing frameworks for tokenized securities, stablecoins and DeFi. As clarity grows, truthful volition organization confidence.
2. Tokenized treasuries > stablecoins
Tokenized T-bills (e.g. BUIDL, VBILL) are emerging arsenic superior collateral and yield-bearing instruments — offering institutional-grade information with amended superior efficiency.
3. Stablecoins arsenic planetary colony layer
With $150B+ successful circulation, stablecoins are evolving into programmable currency — enabling instant settlement, treasury backing and FX trades crossed blockchains.
4. Full plus people coverage
Public equities, backstage equity, bonds, credit, existent property and commodities are each heading on-chain. Tokenization is expanding from output products to the afloat superior stack.
5. Institutional & emerging marketplace acceleration
Wall Street is actively piloting tokenization infrastructure, portion emerging markets are leapfrogging bequest systems by going straight to blockchain rails.
Conclusion
The adjacent signifier of RWA tokenization volition beryllium driven by scalability, composability and credibility. Institutions are nary longer asking if they should tokenize — but how fast they tin bash it. The effect volition beryllium a 24/7, globally accessible fiscal strategy — built connected trustless rails, powered by programmable assets.
Note: The views expressed successful this file are those of the writer and bash not needfully bespeak those of CoinDesk, Inc. oregon its owners and affiliates.