Tokenized Asset Coalition State of Tokenization 2024
The Tokenization Asset Coalition presents its 2024 update, highlighting the most notable developments to date. Read our group's report below to stay informed on asset tokenization and what to monitor in the final three months of the year.
_Read latest press release:_ [_Tokenized Asset Coalition Announces New Member Cohort and Releases 2024 State of Tokenization Report_](https://www.businesswire.com/news/home/20240926935746/en/Tokenized-Asset-Coalition-Announces-New-Member-Cohort-and-Releases-2024-State-of-Tokenization-Report)
2024 has been a significant year for asset tokenization, with the total market cap of tokenized assets increasing by 32%.
Even excluding stablecoins, various tokenized asset classes have experienced rapid growth. The size of tokenized Treasuries has surged by 179%, private credit by 40%, and commodities by 5%. Notably, it’s not just market value that is rising. Evolving regulatory approaches in jurisdictions such as the United States, the Middle East, and Hong Kong have led to greater experimentation among legacy financial institutions, sparking a level of institutional interest previously unseen in the industry.
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The Tokenization Asset Coalition’s 2024 update underscores strong momentum in asset tokenization.
Key points:
- Total tokenized asset market cap is up 32% in 2024.
- Excluding stablecoins, several tokenized asset classes are expanding rapidly:
- Tokenized Treasuries: +179%
- Private credit: +40%
- Commodities: +5%
- Growth is not only in market value but also in institutional participation and regulatory engagement.
- Regulatory developments in the United States, Middle East, and Hong Kong are enabling more experimentation by traditional financial institutions, driving unprecedented institutional interest in tokenization.
The coalition’s 2024 State of Tokenization report and latest press release (linked above) provide deeper analysis on these trends and what to watch in the final quarter of the year.