Tokenized Assets Broadened From Treasuries to 12 Categories by April 2026

In January 2024, tokenized US Treasury debt and commodities represented 90%+ of tokenized assets, with Treasuries around 40% and commodities about 50%. By April 2026, the market had expanded into twelve meaningful categories, with Treasuries still leading but a growing mix including private equity and structured finance. The total tokenized asset market is about $34 billion, while forecasts cited in the article range from $2–4 trillion by 2030 to $30 trillion by 2034.