Securitize CEO says tokenized stocks could unlock a $5 trillion crypto market
At a panel at ETHConf, Carlos Domingo argued that bringing stocks and exchange-traded funds onchain could unlock a market far larger than today’s roughly $30 billion tokenized asset sector.
What to know:
- Securitize CEO Carlos Domingo said tokenized equities and ETFs, not just tokenized Treasuries, could be the catalyst that grows the real-world asset (RWA) market from roughly $30 billion today to as much as $5 trillion, arguing that even a small share of the $150 trillion global equities market moving on-chain would be transformative.
- Domingo contended that public blockchains, particularly Ethereum, are best positioned to power institutional tokenization, while criticizing many existing tokenized stock offerings as synthetic products rather than true tokenized equities that give investors direct ownership, voting rights and dividends.
“The entire equities and ETF market worldwide is probably like $150 trillion,” Domingo said. “Only if a small percentage of that, like 2% or 3%, moves onchain, it gets you very close to that $5 trillion.”
The comments come as Securitize prepares to go public and seeks to expand its role as one of the largest tokenization providers for institutions, including BlackRock.
While tokenized U.S. Treasuries have emerged as the dominant RWA category over the past two years, Domingo argued that tokenized stocks could become the industry’s next major growth engine. Securitize has announced partnerships with the New York Stock Exchange and transfer agent Computershare aimed at enabling on-chain trading and settlement of equities.
