Tokenized Real-World Assets to Reach $18.9T by 2033

Tokenization of real-world assets is rapidly gaining momentum, with projections indicating the market could soar to $18.9 trillion by 2033. Ethereum, Stellar, and Avalanche are leading the charge, enabling dramatic cost reductions and unlocking new financial products. As institutional adoption accelerates and regulatory clarity approaches, the landscape of asset ownership and investment is being fundamentally reshaped.

Tokenization of Real-World Assets Surges to $18.9 Trillion by 2033

The market for tokenized real-world assets (RWAs) is projected to reach $18.9 trillion by 2033, according to industry experts cited by Cryptonews. This estimate may even be conservative, as the adoption of stablecoins suggests a much larger market expansion. Currently, 60% of RWA tokenization value is driven by Ethereum, making it the leading Layer-1 blockchain in this sector.

Stellar follows as the second-largest Layer-1 for RWA value, with approximately $470 million in tokenized treasuries, commodities, and yield-bearing stablecoins on its network. Denelle Dixon, executive director of the Stellar Development Foundation, highlighted that Franklin Templeton’s “OnChain U.S. Government Money Market Fund” (FOBXX) has grown to be the third-largest tokenized money market fund, with $701.7 million in total asset value—$466.5 million of which is on Stellar. Tokenizing securities on Stellar has reduced transaction costs dramatically, from $1 per transaction to less than a penny, meaning 50,000 transactions now cost just $120 instead of $50,000.

Stellar aims to power $3 billion in RWA value on-chain within this year, with new partnerships such as Societe Generale-Forge’s EUR-backed stablecoin (EURCV) and Ondo’s upcoming United States Dollar Yield (USDY) stablecoin. Etherfuse is also introducing “stablebonds” to Stellar, offering asset-backed products with potential returns.

Avalanche is also making significant strides, with asset management firm WisdomTree expanding its platform to include 13 tokenized funds across various blockchains, including Avalanche. The IntainMARKETS platform, built on Avalanche, has already administered over $6 billion in tokenized loans. Injective, another Layer-1 network, is enabling compliant RWA tokenization and secondary markets, with over 15 institutional market makers quoting prices for tokenized BlackRock and Laser Digital funds.

Blockchain	RWA Value	Key Projects
Ethereum	60% of total RWA tokenization value	FOBXX, others
Stellar	$470 million	FOBXX, EURCV, USDY, stablebonds
Avalanche	$6 billion in tokenized loans (IntainMARKETS)	WisdomTree, IntainMARKETS

Despite the rapid growth, challenges remain, including the need for consistent demand, secondary market liquidity, and integration with traditional financial systems. Regulatory clarity is also a concern, but experts anticipate 2025 will be a milestone year for tokenized RWAs.

Tokenized RWA market projected at $18.9 trillion by 2033
Stellar and Avalanche are key players alongside Ethereum
Major cost reductions and new financial products are driving adoption
Challenges include liquidity, integration, and regulation

Source: Cryptonews

“By tokenizing securities, this integration enables institutions to reduce transaction costs from $1 to less than a penny—the $50,000 cost of 50,000 transactions becomes just $120.” – Denelle Dixon, Stellar Development Foundation

Key Takeaway: The tokenization of real-world assets is accelerating, with major blockchains and financial institutions driving innovation and efficiency, but industry-wide challenges must still be addressed.

Google Integrates Zero-Knowledge Proofs for Privacy-Focused Age Verification

Google has introduced zero-knowledge proof (ZKP) technology to its Wallet service, enabling users to verify their age without sharing personal data, as reported by CoinDesk. The dating app Bumble will be among the first to use this system, leveraging digital IDs issued through Google Wallet and ZKPs for age confirmation.

This blockchain-based method allows users to prove they are old enough to access restricted apps or websites without revealing their birthdate or other identifying information. The system is now live in Google Wallet and works across mobile devices and apps using Google’s Digital Credential API, making it accessible to third-party platforms.

ZKP is considered one of the most significant blockchain use cases beyond payments and real-world assets, though it has not yet achieved mainstream popularity. The adoption of this technology by Google could signal increased demand for privacy-first blockchain solutions. According to CoinGecko sector data, ZK-based tokens are up 1.7% on average in the past 24 hours.

Google Wallet now supports ZKP-based age verification
Bumble is an early adopter of the system
Users can prove age without sharing birthdates or IDs
ZK-based tokens have risen 1.7% in the last 24 hours

Source: CoinDesk

Key Takeaway: Google’s integration of zero-knowledge proofs into its Wallet service marks a significant step toward privacy-preserving digital identity verification, with potential to drive broader adoption of blockchain-based privacy solutions.

Blockchain’s Transformative Impact on the Video Game Industry

Blockchain technology is revolutionizing the video game industry by introducing decentralization, digital ownership, and new economic models, according to Cointribune. Players can now truly own their in-game assets through non-fungible tokens (NFTs), which guarantee authenticity and rarity. Games like Decentraland and The Sandbox allow users to buy, sell, and monetize virtual land and content as NFTs.

The Play-to-Earn (P2E) model, exemplified by Axie Infinity, enables players to earn cryptocurrency or NFTs by playing. In the Philippines, Axie Infinity has provided many players with a stable income, though the model has faced challenges due to speculation and token price volatility. Play-and-Own (P&O) offers an alternative, focusing on asset ownership and in-game utility rather than profit, as seen in games like Illuvium and Gods Unchained.

Blockchain also enables interoperability, allowing players to use their digital assets across multiple games and platforms. Technical standards such as ERC-721 and ERC-1155 facilitate this compatibility. Major publishers like Ubisoft have experimented with NFTs, though player reception has been mixed due to concerns about monetization and gameplay impact.

Challenges to adoption include environmental concerns—early blockchains like Bitcoin and Ethereum (pre-merge) consumed significant energy—and regulatory uncertainty. Ethereum’s transition to proof of stake has reduced its energy consumption by over 99%. Regulatory clarity and consumer protection are seen as necessary for broader adoption.

Blockchain enables true digital ownership and asset interoperability
P2E and P&O models offer new ways for players to earn and own assets
Major publishers are experimenting with NFTs, but acceptance is mixed
Environmental and regulatory challenges remain

Source: Cointribune

Key Takeaway: Blockchain is reshaping the video game industry by empowering players with ownership and new economic opportunities, though its widespread adoption depends on overcoming technical, environmental, and regulatory hurdles.

Beijing Launches Ambitious Blockchain Integration Plan

Beijing has announced a two-year plan to promote blockchain development and adoption across multiple sectors, as reported by the Digital Watch Observatory. The initiative, running from 2023 to 2027, is supported by the Beijing Municipal Science and Technology Commission and the Cyberspace Administration Office.

The plan aims to integrate blockchain into infrastructure and industries, recognizing it as essential for industrial digitalization and digital infrastructure. Objectives include enhancing value extraction from digital assets, advancing cryptography, confidential computing, and distributed systems, and developing blockchain infrastructure such as national hubs and digital identity platforms.

Key industries targeted for blockchain application include healthcare, education, AI models, financial services, and transportation. By 2027, the project aims to introduce blockchain chips and a trusted identity system with a user base exceeding 100 million.

Two-year plan for blockchain integration (2023–2027)
Focus on infrastructure, digital assets, and trusted identity systems
Targeted industries: healthcare, education, AI, finance, transportation
Goal: Over 100 million users for trusted identity system by 2027

Source: Digital Watch Observatory

Key Takeaway: Beijing’s comprehensive blockchain plan underscores China’s commitment to digital transformation, with ambitious targets for industry integration and user adoption.

Crypto Market Rebounds: Analyst Focus on NVIDIA, Visa, HIVE Blockchain, and Accenture

According to Yahoo Finance, the cryptocurrency market struggled in the first quarter of 2025 but began to rebound in late April, with Bitcoin surpassing $95,000 on Wednesday. Although Bitcoin remains more than 10% below its all-time high from December 2024, experts believe it is on track to exceed $140,000 if global trade tensions ease and the Federal Reserve resumes rate cuts.

The Zacks Analyst Blog highlights four stocks with strong growth potential for 2025:

Company	Expected Earnings Growth (2025)	Recent Estimate Revision	Zacks Rank
NVIDIA	41.8%	+0.7% (last 60 days)	#3
Visa	12.4%	+1.1% (last 90 days)	#3
HIVE Blockchain	72.3%	+34.8% (last 90 days)	#3
Accenture	6.3%	+0.1% (last 90 days)	#3

NVIDIA’s performance is closely tied to the crypto market due to its GPUs’ role in mining and AI. Visa is expanding its stablecoin settlement capabilities to the Solana blockchain, collaborating with Worldpay and Nuvei. HIVE Blockchain Technologies is a crypto mining firm bridging crypto and traditional capital markets. Accenture promotes Ethereum-based blockchain solutions for businesses.

Bitcoin surpassed $95,000 in late April 2025
Experts predict a potential rise above $140,000
NVIDIA, Visa, HIVE Blockchain, and Accenture are highlighted for growth

Source: Yahoo Finance

Key Takeaway: The crypto market’s recent rebound is driving renewed interest in crypto-centric stocks, with analysts optimistic about the growth prospects of leading technology and financial firms in 2025.

Einschätzung der Redaktion

The projected surge in tokenization of real-world assets to $18.9 trillion by 2033 signals a paradigm shift in how value is represented, transferred, and accessed globally. This development is poised to fundamentally alter capital markets, democratize access to investment opportunities, and drive unprecedented efficiency gains through automation and cost reduction. The dominance of established blockchains like Ethereum and the rapid ascent of networks such as Stellar and Avalanche highlight a competitive landscape that is likely to foster further innovation and specialization.

The dramatic reduction in transaction costs and the emergence of new asset classes and financial products suggest that tokenization will not only benefit institutional players but also open doors for retail investors and smaller market participants. However, the sector’s long-term success will depend on resolving persistent challenges around liquidity, regulatory clarity, and seamless integration with traditional financial systems. If these hurdles are addressed, tokenized assets could become a foundational pillar of the global financial ecosystem, reshaping the roles of intermediaries and redefining standards for transparency and accessibility.

Tokenization is set to transform global finance and investment access.
Cost efficiency and new products drive adoption, but integration and regulation remain critical.
Market leadership among blockchains is likely to intensify competition and innovation.

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