Morgan Stanley Sees Tokenized Market Hit $10T by 2030

Key Findings

Morgan Stanley's head of digital asset strategy, Amy Oldenburg, has made a significant prediction about the future of the tokenized real-world assets market. According to Oldenburg, the market is expected to reach between $3 trillion and $10 trillion by 2030.

Market Drivers

The growth of the market will be driven by institutional demand and a mutual reinforcement effect in finance. Oldenburg points to private shares, structured notes, and investment funds as areas where blockchain technology can simplify administrative work and reduce paperwork.

Regulatory Environment

Morgan Stanley is building its own wallet infrastructure for customers who hold tokenized assets and financial products. The bank is also watching the Depository Trust & Clearing Corporation's tokenization service launch at the end of October.

Proposed Solution

Morgan Stanley has proposed a national trust bank to offer digital asset custody, trading, and staking services. The bank is also pushing back its plan to support tokenized stocks on its alternative trading system (ATS) to the first quarter of 2027.

Conclusion

The prediction of Morgan Stanley's head of digital asset strategy is consistent with the bank's previous projections. The growth of the market will be driven by institutional demand and a mutual reinforcement effect in finance. The bank's proposed solutions, such as its national trust bank and wallet infrastructure, are expected to play a key role in the growth of the market.