Key Insights:
- BTC Markets plans to seek an ASIC license to offer tokenized real-world assets to the public.
- The tokenized real-world assets market reached over $ 26 billion, and growth continues.
- Exchanges and banks explore tokenized assets as forecasts suggest a multi-trillion-dollar market.
The Australian cryptocurrency exchange BTC Markets has reported to the Australian Securities and Investments Commission (ASIC) its plans to seek a license to enable the platform to provide tokenized, regulated real-world assets (RWAs).
The move follows the development of systems by several exchanges, financial institutions, and infrastructure providers to enable equities, bonds, and other conventional financial instruments to be represented and traded on blockchain networks.
Market Growth of Tokenized Real-World Assets.
In a blog post, the CEO of BTC Markets, Lucas Dobbins, said that the exchange aims to create licensed infrastructure capable of issuing and trading tokenized assets of choice within a regulatory framework that enables access to the public market.
Dobbins stated that the company’s objective is to build infrastructure that makes these assets accessible to the public through a licensed marketplace. He described a potential future market structure where tokenized equities, bonds, and other real-world assets trade continuously alongside digital currencies.
According to him, blockchain infrastructure could support round-the-clock markets with settlement processes occurring instantly. Dobbins also referenced the current size of the tokenized asset market, noting that approximately $26 billion in tokenized assets currently exist on blockchain networks.
According to predictions from BTC Markets, tokenized markets are likely to grow significantly over the next few years. Some more conservative estimates suggest tokenized asset markets could reach approximately $2 trillion by 2030.
Other estimates, including projections from the Boston Consulting Group, place the potential value of tokenized markets at $16 trillion. According to Dobbins, the involvement of major financial institutions has increased the visibility of tokenized real-world assets within traditional finance. He stated that institutions such as BlackRock, Goldman Sachs, and JPMorgan have already begun launching products linked to tokenization initiatives.
Exchanges Introduce Tokenized Asset Platforms
BTC Markets’ plans emerge during a period when several cryptocurrency exchanges and financial platforms are exploring the introduction of tokenized real-world assets and blockchain-based securities trading systems.
In June 2025, the cryptocurrency exchange Kraken introduced tokenized stocks under the xStocks product line. The company also launched an on-chain trading engine called xChange. According to the announcement, the engine enables users to trade tokenized stocks directly on the Solana and Ethereum blockchain networks.
Other platforms have also outlined plans to introduce tokenized trading services. Robinhood announced it is developing a tokenized stock-trading platform for the European market. According to other estimates, such as those from the Boston Consulting Group, the potential value of tokenized markets is $16 trillion.
According to Dobbins, the involvement of major financial institutions has increased the visibility of tokenized real-world assets within traditional finance. He stated that institutions such as BlackRock, Goldman Sachs, and JPMorgan have already begun launching products linked to tokenization initiatives.
Australia’s Economic Potential From Tokenization
According to BTC Markets, developments in tokenized real-world assets may also carry implications for Australia’s financial sector and broader economy. Dobbins stated that the adoption of tokenization technologies has increased within the country.
The Digital Finance Cooperative Research Centre has developed research investigating the possible economic implications of tokenization in Australia.
The organization estimated that tokenization could create about $16.8 billion in economic value each year.
Tokenized Real-World Assets Market Growth
Data from RWA.xyz indicates that the total value of tokenized real-world assets has expanded significantly over the past year. According to the data platform, the value of tokenized assets has risen to more than $26.4 billion.
Source: RWA.xyz
The market expansion has also been accompanied by diversification across asset categories. According to data from BTC Markets, six types of tokenized assets have surpassed the $1 billion valuation threshold.
These categories include commodities, United States Treasury assets, and institutional alternative funds. The development reflects the growing variety of financial instruments represented as tokens on blockchain networks.
