BlackRock Forecasts ₱1.19 quadrillion ($20 trillion) Tokenization Market by 2030
BlackRock positioned tokenization as an antidote to AI-driven wealth concentration, with half the world's population already carrying digital wallets that could provide investment access as easily as sending a payment.
Key Takeaway
BlackRock's ₱1.19 quadrillion ($20 trillion) tokenization bet signals Wall Street expects digital wallets to replace traditional brokerage accounts.
BlackRock CEO Larry Fink warned in his 2026 shareholder letter that AI threatens to concentrate wealth at unprecedented scale — but positioned tokenization as the antidote.
He wrote that half the world's population already carries a digital wallet on their phones. Tokenization would let those same wallets provide access to diversified long-term investments as easily as sending a payment. BlackRock forecasts the tokenization market will hit ₱1.19 quadrillion ($20 trillion) by 2030, a 754-fold jump from current levels. Grayscale predicts an even larger ₱2.09 quadrillion ($35 trillion) market by decade's end.
The barrier to entry matters because 50% of Americans don't invest in public markets at all. Fink said that with more Americans investing, wealth accumulation can be enjoyed by the many instead of concentrating among companies and investors positioned to capture AI gains.
Robinhood, Kraken, and Superstate all launched tokenized stocks in 2025 with 24/7 trading. Superstate co-founder Jim Hiltner told DL News in December that the industry is moving from pilots to infrastructure, with tokenized assets starting to look less like a niche category and more like a new operating layer for capital markets. BlackRock's own BUIDL tokenized money market fund launched in 2024 and now holds ₱95.55 billion ($1.6 billion) across Ethereum, BNB Chain, Solana, and Ethereum Layer 2 networks.
But Fink insisted tokenization needs guardrails — clear buyer protections to ensure products are safe and transparent, strong counterparty-risk standards to prevent shocks from spreading, and digital-identity verification to manage illicit finance risks. US senators announced an agreement in principle with the White House on stablecoin bill language, though the Clarity Act has stalled. Passage would clarify that tokenized assets fall under existing rules and enable larger institutional players to use Nasdaq and NYSE as marketplaces.
Robinhood Crypto SVP Johann Kerbrat said that once a clear regulatory framework is in place, the industry will see faster adoption and innovation. Bitcoin traded at $70,454 while Ethereum sat at $2,133.
This article was written based on reporting from Dlnews.
