Has the breakthrough time for tokenization arrived?

Original Author: Token Dispatch, Prathik DesaiOriginal

compilation: Block unicorn

Foreword

Tokenization is booming as Wall Street giants rapidly scale up deployments, a concept that was only in beta a few years ago.

Multiple financial giants are launching platforms, building infrastructure, and creating products at the same time, connecting traditional markets with blockchain technology.

In the last week alone, BlackRock, VanEck, and JP Morgan have made significant moves, demonstrating that tokenization of real-world assets has gone beyond proof-of-concept to become a cornerstone of institutional strategy.

In today's article, we'll show you why the long-awaited inflection point for tokenization may have arrived, and why it still matters even if you've never bought cryptocurrency.

Trillions of potential

"Every stock, every bond, every fund – every asset – can be tokenized. If it happens, it will revolutionize investment," BlackRock CEO and Chairman Larry Fink said in his 2025 annual letter to investors.

Fink was talking about an opportunity that would allow fund companies to tokenize more than a trillion dollars worth of assets in the global asset industry.

Traditional financial giants have seized this opportunity, with a surge in adoption over the past 12 months.

Tokenized real-world assets (RWAs, excluding stablecoins) have surpassed $22 billion, up 40% this year alone. However, this is just the tip of the iceberg.