Grayscale argues that asset tokenization is entering a decisive growth phase as institutional participation deepens and the foundations for large-scale adoption fall into place. In its 2026 Digital Asset Outlook, the firm describes tokenization as a structural shift rather than a speculative trend, noting that improving blockchain infrastructure, clearer regulatory frameworks, and growing comfort with on-chain finance among institutions are accelerating adoption.

According to Grayscale, tokenized assets could expand by roughly 1,000 times by 2030, transforming from a marginal segment into a core pillar of global capital markets. While tokenized equities and bonds currently represent only a tiny fraction of traditional markets, the firm stresses this reflects early-stage adoption, not limited potential. Institutions are increasingly evaluating on-chain issuance, settlement, and asset management as practical tools to improve efficiency and transparency.

The report also links tokenization to broader digital asset trends, including the rise of stablecoins and deeper integration between traditional financial systems and public blockchains. Grayscale identifies Ethereum, BNB Chain, and Solana as the leading networks for tokenized assets today, supported by liquidity, developer activity, and operational resilience, while noting that this landscape may evolve over time. In addition, infrastructure and data providers such as Chainlink are seen as critical enablers for scalable and compliant tokenization.

Overall, Grayscale positions asset tokenization as a realistic pathway for blockchain adoption at the institutional level, driven by benefits such as faster settlement, fractional ownership, and reduced reconciliation costs. Despite ongoing legal and jurisdictional challenges, the firm views tokenization as a cornerstone of the next phase of digital asset markets.