“We’re at the End of the Beginning” - Tokenization Is About to Get Much Bigger

Summary

Carlos Domingo, CEO of Securitize, explains why tokenization is leaving its experimental phase and becoming a multi-trillion-dollar market, covering regulated tokenized securities, BlackRock's tokenized funds, on-chain equity trading via Solana, and the risks of offshore stock tokens. He argues compliant public-blockchain tokenization will accrue value to chains like Solana and Avalanche and benefit regulated infrastructure providers such as Securitize. The conversation also highlights SEC transfer-agent modernization and the coming consolidation in tokenization infrastructure.

• Tokenization/RWA market has grown from a few billion to tens of billions and is expected to become multi-trillion.
• Securitize went public as SECZ and provides regulated transfer-agent, broker-dealer, and fund-admin infrastructure.
• BlackRock BUIDL tokenized Treasury fund reached ~$3B and drove tokenized Treasuries to ~$18B.
• Securitize partnered with Jump and Jupiter to trade compliant tokenized equities on Solana.
• Native tokens of used blockchains such as Solana and Avalanche may benefit from tokenization demand.
• Offshore 'stock tokens' are debt derivatives with counterparty and mispricing risks.
• SEC transfer-agent modernization could reduce friction and accelerate tokenization.
• Tokenized equities are small but could become the largest segment of the market.