Ripple forecasts $18.9T tokenisation market by 2033

Ripple (CRYPTO:XRP), in collaboration with Boston Consulting Group (BCG), has released a report predicting that the tokenisation of real-world assets will grow from $0.6 trillion today to $18.9 trillion by 2033, representing a compound annual growth rate (CAGR) of 53%.

By 2030, the market is expected to reach $9.4 trillion, driven by institutional demand, regulatory clarity, and advancements in blockchain technology

Tokenisation involves converting physical assets like real estate, bonds, and private credit into digital tokens recorded on blockchain networks

Tibor Merey, Managing Director at BCG, explained that tokenisation transforms financial assets into programmable tools with features like fractional ownership, automated compliance, and 24/7 trading

Ripple’s report outlines three phases in the evolution of tokenised finance.

The initial phase focuses on institutional adoption of familiar products such as bonds and money market funds.

The second phase introduces more complex asset classes like private credit and real estate.

Finally, tokenisation will become embedded across financial and non-financial sectors, fundamentally altering ownership and transaction models.

Markus Infanger, Ripple’s Senior Vice President, emphasised the shift from tokenised assets merely existing on-chain to integrating them into real economic activities.

He noted that this transition underscores the transformative potential of blockchain-based systems.

The report highlights several catalysts for growth: regulatory frameworks in regions like the European Union, UAE, and Switzerland; mature technological infrastructure such as secure wallets; and increased collaboration between fintech firms and traditional banks.

These factors create a "flywheel effect," where institutional supply and investor demand reinforce each other.

Despite its optimistic outlook, Ripple acknowledges challenges such as fragmented infrastructure and uneven global regulation.

“Tokenisation is no longer just a concept—it’s the foundation for the future of global finance,” stated Bernhard Kronfellner of BCG, stressing the urgency of moving from pilot projects to full-scale implementation.

At the time of reporting, the XRP (XRP) price was $1.89.