Morgan Stanley reportedly sees tokenized assets at $3 trillion-$10 trillion by 2030
MS•Morgan Stanley reportedly projects tokenized real-world assets could reach $3 trillion to $10 trillion by 2030. The brief compares that range with a September base case of $2.3 trillion and estimates current tokenized real-world assets, excluding stablecoins, at about $39.19 billion as of Oct. 12, 2026.
1. Forecast and current market
Morgan Stanley’s projection for tokenized real-world assets to reach $3 trillion to $10 trillion by 2030 was compared with a September Morgan Stanley–Oliver Wyman base case of $2.3 trillion, led by collateral mobility. Current tokenized real-world assets excluding stablecoins were estimated at about $39.19 billion as of Oct. 12, 2026; regulation, liquidity and product supply were identified as constraints on adoption.
