Securitize CEO Sees Tokenized Stocks as Path to Trillion-Dollar RWA Market
Securitize CEO Carlos Domingo said tokenized equities and ETFs could expand the real-world asset market far beyond its current roughly $30 billion size. He argued that moving even a small slice of the global equities market on-chain could bring the sector close to $5 trillion.
What happened?
Securitize CEO Carlos Domingo said tokenized equities and ETFs could expand the real-world asset market far beyond its current roughly $30 billion size. He argued that moving even a small slice of the global equities market on-chain could bring the sector close to $5 trillion.
Why it matters
Securitize CEO Carlos Domingo said tokenized stocks and exchange-traded funds could become the main force pushing real-world assets into a multi-trillion-dollar market. Speaking at an ETHConf panel in New York on Tuesday, he argued that equities and ETFs offer a much larger opportunity than the tokenized Treasury and private credit products that dominate much of today’s RWA discussion.
Securitize CEO Carlos Domingo said tokenized stocks and exchange-traded funds could become the main force pushing real-world assets into a multi-trillion-dollar market. Speaking at an ETHConf panel in New York on Tuesday, he argued that equities and ETFs offer a much larger opportunity than the tokenized Treasury and private credit products that dominate much of today’s RWA discussion.
The development matters because tokenization has so far remained small compared with traditional capital markets. Domingo said the current tokenized asset sector is roughly $30 billion, while the worldwide equities and ETF market is about $150 trillion. In his view, bringing only 2% or 3% of that market on-chain would be enough to approach a $5 trillion opportunity.
Domingo’s comments come as Securitize, a major institutional tokenization provider whose clients include BlackRock, prepares to go public. The company has also announced partnerships with the New York Stock Exchange and transfer agent Computershare aimed at supporting on-chain trading and settlement for equities.
He also pushed back on some existing blockchain-based stock products offered outside the U.S., saying many are synthetic or derivative-based rather than true tokenized shares. Domingo said the goal should be tokenized securities that preserve traditional shareholder rights such as ownership, voting rights and dividends, while adding blockchain-native features such as faster settlement and around-the-clock transferability.
Domingo said public blockchains, especially Ethereum, remain well suited for institutional tokenization. Securitize uses smart contracts designed to limit ownership to approved investors while still allowing assets to move on permissionless networks. He expects blockchain-based markets to grow alongside existing financial infrastructure before taking on a larger role over time.