Crypto Leaders Call NYSE Tokenization Push a Win for Blockchain Adoption
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Despite skepticism from some academics, crypto industry leaders have welcomed the New York Stock Exchange’s plan to tokenize real-world assets as a positive step for blockchain adoption.Securitize CEO Carlos Domingo said on-chain trading of tokenized equities issued directly by the NYSE, without wrappers or derivatives, would be “bullish” for the market. Aptos Labs’ head of research Alexander Spiegelman also praised the move as overdue adoption of modern infrastructure.
Interest in tokenization is growing rapidly. ARK Invest estimates the real-world asset tokenization market could expand from $22.2 billion today to $11 trillion by 2030, driven by clearer regulation and institutional-grade platforms.
The NYSE has not yet released additional technical details about its proposed system.
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$11 trillion by 2030 is such a venture-brained number. feels more like a directional signal than a real forecast.