The tokenized securities market reached $12B, with private credit dominating at $7.03B as of April 2024.
Public and private blockchain adoption, led by DTCC and innovations like COIN stock tokenization, is expected to accelerate.
New AML/KYC standards will enhance secure and compliant transactions, bridging traditional finance with blockchain systems.
The tokenized securities market is expected to grow, with its value projected to read past $50 billion driven by institutional interest and the migration of traditional assets onto blockchain platforms. VanEck suggests that public and private blockchain standards will facilitate the transition, making tokenized securities a core component of the evolving financial system.
Public Chains and Tokenized Securities
Presently, approximately $12 billion worth of tokenized securities exists on blockchains. Stablecoins are expected to play a growing role in global commerce, with daily settlement volumes projected to reach $300 billion by 2025.
VanEck attributes this growth to adoption by major tech companies and payment networks. Cross-border remittance markets, such as U.S.-Mexico transfers, are also predicted to see a fivefold increase in stablecoin usage.
Onchain securities grew by 61% in 2024, driven largely by private credit's dominance. Private credit reached $7.03 billion by April 2024, maintaining the largest share in the market. Other segments, including equities and private equities, show steady but smaller contributions.
Source: VanEck
Future advancements in tokenized securities are expected to include launches on public blockchains. The incentives for investors to tokenize equity or debt securities directly on-chain are increasing, offering the potential for seamless transitions between public and private financial infrastructure.
Key players, such as the Depository Trust & Clearing Corporation (DTCC), are projected to support this shift, creating a more integrated
system for tokenized assets.
Innovation in the Industry and AML/KYC Standards
A notable wildcard development could involve Coinbase, which might tokenize its COIN stock and deploy it on its BASE blockchain. Such an initiative would represent a key move, further integrating tokenized assets into mainstream financial systems.
The use of tokenized securities is expected to bring new measures for Anti-Money Laundering (AML) and Know Your Customer (KYC) observance. This standard will allow secure and compliant transactions, allowing institutional and retail investors to navigate the tokenized asset space with transparency. These standards will bridge the gap between traditional finance and blockchain-based systems.
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