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市场调查报告书
商品编码
1946118
全球代币化资产市场:预测(至2034年)-按资产类型、技术、代币标准、应用、最终用户和地区进行分析Tokenized Asset Market Forecasts to 2034 - Global Analysis By Asset Type, Technology, Token Standard, Application, End User, and By Geography |
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根据 Stratistics MRC 的研究,预计到 2026 年,全球代币化资产市场规模将达到 77 亿美元,并在预测期内以 21.7% 的复合年增长率增长,到 2034 年将达到 370 亿美元。
代币化资产市场是指将现实世界的资产(例如房地产、股票、商品和收藏品)以数位形式储存在区块链网路上的市场。这实现了持分所有权、提高了流动性、缩短了结算时间,并增强了资产交易和管理的透明度。成长要素包括机构对区块链的采用率提高、对资产流动性的需求增加、数位证券监管的进步以及去中心化金融(DeFi)和NFT平台的普及。
世界经济论坛表示,到 2030 年,全球 GDP 的 10% 可能被代币化,这意味着价值约 10 兆美元的资产将以数位形式表示。
资产数位化中区块链的机构应用
包括投资银行和资产管理公司在内的主要金融机构正在加速整合区块链技术,以实现传统资产的代币化。这一趋势的驱动力在于提高营运效率、降低交易对手风险,以及为更广泛的投资者群体提供多元化的投资机会。智慧合约的使用实现了合规、股息分配和公司行为的自动化,从而建立了一个更有效率、更便利的资本市场生态系统。
监管的不确定性和合规性的复杂性
全球代币化资产监管格局仍分散且不断演变。安全符记的定义差异、区域许可要求以及反洗钱 (AML) 和了解你的客户 (KYC) 合规方面的担忧,都对代币化资产的进入和扩张构成了重大障碍。这种不确定性可能会阻碍传统金融机构全面投入代币化倡议,并延缓跨国应用。
拓展至代币化房地产和私募股权
代币化使得人们能够以前所未有的方式接触到传统上流动性较差的资产类别,例如商业房地产和私募股权。透过拆分高价值资产,平台可以吸引个人投资者和中小型机构投资者,从而使投资机会更加民主化。受监管的安全符记交易所的发展以及代币化资产作为DeFi借贷通讯协定抵押品的日益普及,进一步推动了这一趋势。
智慧合约中的网路安全风险与漏洞
对区块链技术和智能合约的依赖带来了重大的网路安全威胁。合约代码、私钥管理和储存解决方案中的漏洞可能导致巨大的经济损失,并损害投资者信心。相关数位资产市场中频繁的重大攻击和骇客事件持续对整个代币化生态系统的声誉和营运构成威胁。
新冠疫情加速了金融服务的数位化,并凸显了建构具有韧性、可远端回应的市场基础设施的必要性。在此期间,代币化作为确保资金筹措和资产交易业务永续营运了广泛的关注。儘管市场波动最初导致投资者持谨慎态度,但从长远来看,机构投资者采取了更积极主动的方式,寻求基于区块链的资产管理和流动性管理解决方案。
在预测期内,代币化房地产领域预计将占据最大的市场份额。
预计房地产代币化领域将占据最大的市场份额,因为房地产是一个规模庞大且具有全球重要性的资产类别,非常适合采用持分所有权。代币化解决了房地产投资的关键挑战,例如高昂的进入门槛、低流动性和管理负担。在二级市场上交易房地产份额以及透过智慧合约实现租金收入自动分配的能力,正在推动平台提供者和投资者积极采用代币化模式。
在预测期内,一级发行和资金筹措业务预计将呈现最高的复合年增长率。
在预测期内,一级市场发行和资金筹措板块预计将呈现最高的成长率。代币化正在革新资本形成方式,它能够实现更快、更低成本且全球可及的证券型代币发行(STO)。这项技术使公司、基金和政府能够透过所有权多元化、自动化合规和近乎即时的结算来接触更广泛的投资者群体,从而促进跨行业的快速应用。
在预测期内,北美预计将占据最大的市场份额。这一主导地位源自于北美地区众多大型金融科技公司的存在、美国证券交易委员会(SEC)等机构建立的先进监管框架,以及机构投资者积极拥抱创新的深厚资本市场。尤其值得一提的是,美国是证券型代币发行(STO)和区块链基础设施发展的中心。
在预测期内,亚太地区预计将呈现最高的复合年增长率。这主要得益于新加坡和香港等国家和区域政府大力主导的数位经济倡议、科技人口的激增以及大量创业投资涌入金融科技和区块链企业。此外,中国和印度等大型市场对数位资产框架的探索也为代币化平台带来了巨大的未来成长潜力。
According to Stratistics MRC, the Global Tokenized Asset Market is accounted for $7.7 billion in 2026 and is expected to reach $37.0 billion by 2034 growing at a CAGR of 21.7% during the forecast period. The tokenized asset market refers to the digital representation of real-world assets such as real estate, equities, commodities, and collectibles on blockchain networks. It enables fractional ownership, enhances liquidity, reduces settlement times, and improves transparency in asset trading and management. Growth is driven by increasing institutional adoption of blockchain, demand for asset liquidity, regulatory advancements in digital securities, and the proliferation of decentralized finance (DeFi) and NFT platforms.
According to the World Economic Forum, up to 10% of global GDP could be tokenized by 2030, equal to around USD 10 trillion of assets under digital representation.
Institutional adoption of blockchain for asset digitization
Major financial institutions, including investment banks and asset managers, are increasingly integrating blockchain technology to tokenize traditional assets. This shift is driven by the need for operational efficiency, reduced counterparty risk, and the ability to offer fractionalized investment opportunities to a broader investor base. The use of smart contracts automates compliance, dividend distribution, and corporate actions, creating a more streamlined and accessible capital market ecosystem.
Regulatory uncertainty and compliance complexity
The global regulatory landscape for tokenized assets remains fragmented and evolving. Varying definitions of security tokens, differing licensing requirements across jurisdictions, and concerns around anti-money laundering (AML) and know-your-customer (KYC) compliance create significant barriers to entry and scale. This uncertainty can deter traditional financial players from fully committing to tokenization initiatives and slow down cross-border adoption.
Expansion into tokenized real estate and private equity
Tokenization is unlocking unprecedented access to traditionally illiquid asset classes like commercial real estate and private equity. By fractionalizing high-value assets, platforms can attract retail and smaller institutional investors, democratizing investment opportunities. This trend is further supported by the development of regulated security token exchanges and the growing acceptance of tokenized assets as collateral within DeFi lending protocols.
Cybersecurity risks and smart contract vulnerabilities
The dependence on blockchain technology and smart contracts introduces significant cybersecurity threats. Vulnerabilities in contract code, private key management, and custodial solutions can lead to substantial financial losses and erode investor trust. High-profile exploits and hacking incidents in related digital asset markets continue to pose a reputational and operational threat to the broader tokenization ecosystem.
The COVID-19 pandemic accelerated the digitization of financial services and highlighted the need for resilient, remote-capable market infrastructure. This period saw increased interest in tokenization as a means to ensure business continuity in capital raising and asset trading. While market volatility initially caused caution, the long-term effect has been a greater openness among institutions to explore blockchain-based solutions for asset management and liquidity.
The Tokenized Real Estate segment is expected to be the largest during the forecast period
The Tokenized Real Estate segment is projected to hold the largest market share, as property represents a vast, globally significant asset class ripe for fractionalization. Tokenization solves key pain points in real estate investment, including high entry costs, illiquidity, and administrative burdens. The ability to trade property shares on secondary markets and automate rental income distribution via smart contracts is driving strong adoption from both platform providers and investors.
The Primary Issuance and Fundraising segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the Primary Issuance and Fundraising segment is predicted to witness the highest growth rate. Tokenization is revolutionizing capital formation by enabling faster, cheaper, and more globally accessible security offerings (STOs). This application allows corporations, funds, and governments to reach a wider pool of investors through fractional ownership, automated compliance, and near-instant settlement, driving rapid adoption across industries.
During the forecast period, the North America region is expected to hold the largest market share. This dominance is attributed to the presence of leading financial technology companies, progressive regulatory developments from bodies like the SEC, and deep capital markets with high institutional investor appetite for innovation. The U.S., in particular, is a hub for security token offerings (STOs) and blockchain infrastructure development.
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. This is fueled by strong government-led digital economy initiatives in countries like Singapore and Hong Kong, a booming tech-savvy population, and significant venture capital flowing into fintech and blockchain ventures. Furthermore, large markets such as China and India are exploring digital asset frameworks, creating substantial future growth potential for tokenization platforms.
Key players in the market
Some of the key players in the Tokenized Asset Market include tZERO, Securitize Inc., Tokeny Solutions, ADDX (formerly iSTOX), Globacap, Mintable, OpenSea, Coinbase, Binance, J.P. Morgan, Goldman Sachs, Santander, Fidelity Digital Assets, Bitbond, Propine, Vertalo, Swarm, and Blockchain Capital.
In March 2024, tZERO partnered with a major real estate investment trust to launch a tokenized fund, allowing accredited investors fractional ownership in commercial properties.
In February 2024, Securitize announced the successful closing of a tokenized private equity fund, leveraging blockchain for investor onboarding and compliance.
In January 2024, ADDX received regulatory approval in a new ASEAN market to expand its platform for tokenized securities to a wider investor base.
Note: Tables for North America, Europe, APAC, South America, and Rest of the World (RoW) Regions are also represented in the same manner as above.