Securitize CEO says stock tokens to drive RWA market to $5T

Carlos Domingo, CEO of real-world asset (RWA) tokenization firm Securitize, predicted that stock tokens and ETFs will be the key drivers in growing the RWA market to a multi-trillion dollar scale. According to CoinDesk, Domingo said during a panel discussion at ETHConf in New York that the global stock and ETF market is valued at approximately $150 trillion. He suggested that if just 2% to 3% of this moves on-chain, the market could approach $5 trillion. Domingo added that while the tokenization market is currently worth $30 billion, it could expand significantly through stock and ETF tokens. He also noted that while tokenized U.S. Treasurys have led RWA market growth over the past two years, stock tokens will be the new growth engine going forward.