Tokenisation gains momentum with $3B deals and new blockchain funds

Tokenisation of real-world assets is moving from concept to practice as major financial institutions and blockchain firms launch large-scale initiatives.

On April 30, BlackRock filed to create a digital ledger technology (DLT) share class for its $150 billion Treasury Trust fund.

This new share class will use blockchain to maintain a mirror record of ownership for investors.

The same day, Libre announced plans to tokenise $500 million in Telegram debt through its Telegram Bond Fund, aimed at accredited investors and usable as collateral for on-chain borrowing.

The largest announcement came from Dubai, where MultiBank Group signed a $3 billion tokenisation deal with UAE real estate firm MAG and blockchain provider Mavryk.

“The recent surge isn’t arbitrary. It’s happening because everything’s lining up. Rules are getting clearer in major markets. The tech is stronger, faster, and ready to scale. And big players are actually doing it,” stated Eric Piscini, CEO of Hashgraph.

Marcin Kazmierczak, co-founder of RedStone (CRYPTO:RED), said these moves show tokenisation is shifting from theory to practical application by market leaders.

He added that growing institutional adoption is building confidence and encouraging innovation.

Kazmierczak attributed renewed interest partly to the regulatory environment under former US President Donald Trump, who took a less aggressive stance on crypto enforcement compared to the previous administration.

Felipe D’Onofrio, CTO at Brickken, noted that technological advances and macroeconomic pressures are also driving institutions to seek liquidity in traditionally illiquid markets.

Ethereum remains the main platform for tokenisation due to its security and developer ecosystem, though specialised blockchains like Canton Network and Ondo Chain are emerging.

Challenges remain, including regulatory uncertainty and interoperability issues between blockchains.

Piscini estimated that more than 10% of global financial assets could be tokenised by 2030, while Kazmierczak predicted up to 30%.

Market forecasts vary, but the tokenised real-world asset market could reach between $30 trillion and $50 trillion by 2030, a significant increase from its current estimated value near $185 billion.