Tokenized Assets Set to Skyrocket to $19 Trillion by 2033 Forecasts Ripple
In a groundbreaking new collaboration, Ripple and Boston Consulting Group (BCG) are painting a vivid picture of a drastically evolving financial landscape.
Their shared outlook predicts that the tokenized real-world assets (RWAs) market, worth roughly $0.6 trillion today, will skyrocket to a staggering $18.9 trillion by 2033. This meteoric rise, represented by a robust compound annual growth rate (CAGR) of 53%, sets the stage for a seismic shift in the way global finance operates over the next decade.
Put simply, tokenization converts traditional financial assets like real estate, private credit, and bonds into digital tokens, enabling them to become 24/7 tradable, programmable, and accessible in smaller units, opening up unprecedented levels of liquidity and transparency.
Tibor Merey, BCG's Managing Director and Partner, sums it up perfectly: "Tokenization is turning financial assets into programmable, interoperable tools, recorded on shared digital ledgers."
Key players, such as BlackRock, Fidelity, and JPMorgan, are already riding the wave of tokenized finance. According to Ripple's Senior Vice President of RippleX, Markus Infanger, the industry is evolving beyond simply holding tokenized assets toward integrating them into real-world economic activity.
Drivers for this growth are multifaceted: one primary factor is the trend toward regulatory certainty in markets like the EU, UAE, and Switzerland, alongside the maturing technology infrastructure of digital wallets and custodians. Furthermore, strategic deals and mergers between banks and fintech powerhouses are accelerating the march toward this digital future.
Despite obstacles like infrastructure fragmentation and regulatory differences, the momentum is undeniable. BCG's Bernhard Kronfellner states unequivocally: "Tokenization is no longer just a concept—it's the foundation for the future of global finance."
Interestingly, the joint report does not provide a 2020 baseline for tokenized real-world assets. Instead, the analysis is focused on the 2025–2033 period, driven by the widespread institutional adoption of blockchain-based tokenization for various assets. By 2025, the market is expected to reach $0.6 trillion[2][3], with subsequent growth to $9.4 trillion by 2030[2] and a final projection of $18.9 trillion by 2033[1][5]. These numbers span a wide range, with conservative estimates pointing to $12 trillion and optimistic estimates hinting at $23.4 trillion[1][5].
For those curious, please also check out our latest reading: "1 in 5 Americans Already Own Crypto: Ripple CLO"
[1] - Data Source: Ripple and Boston Consulting Group Joint Report on Tokenized Real-World Assets[2] - Joint Report Quantitative Analysis of Tokenized Real-World Assets Market[3] - Interview with Ripple's Chief Legal Officer, Stuart Alderoty[4] - Article on Global Finance's Future with Blockchain-based Tokenization[5] - Whitepaper on the Tokenization of Traditional Financial Assets by Ripple's On-Demand Liquidity solution
- Ripple and BCG's joint report predicts that the tokenized real-world assets (RWAs) market, currently worth approximately $0.6 trillion, will surge to an astonishing $18.9 trillion by 2033, representing a robust compound annual growth rate (CAGR) of 53%.
- Tokenization, a process that converts traditional financial assets into digital tokens, will play a crucial role in reshaping the global finance landscape, enabling 24/7 trading, increased liquidity, and transparency.
- Major players like BlackRock, Fidelity, and JPMorgan are already capitalizing on tokenized finance, and the industry is evolving to integrate these tokens into real-world economic activity.
- The integration of technology, strategic deals between banks and fintech companies, and regulatory certainty in markets like the EU, UAE, and Switzerland are key drivers pushing the tokenized RWAs market towards a trillion-dollar value by 2033.
