隨著收養的加速，令牌股有望超過$ 1T的市值

兩位行業高管說，隨著收養的加速，在未來幾年內，令牌股的市值有望超過1萬億美元。

Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York.

兩位行業高管在紐約的Tokenizethis會議上說，隨著收養的加速，隨著收養的加速，令牌股有望超過1萬億美元的市值。

The total addressable market for tokenized stocks — a type of tokenized real-world asset (RWA) — is difficult to project but is “definitely a bigger trillion-dollar market,” Arnab Naskar, STOKR’s CEO, said during an April 16 panel at the event.

Stokr首席執行官Arnab Naskar在4月16日的小組中說，令牌化股票的總可尋址市場（一種令牌化的現實世界資產（RWA））很難投射，但“絕對是一個更大的萬億美元市場”。

In 2025, demand for the instruments has “exploded” from institutions ranging from Web3 wallets to neobanks to traditional financial services firms, according to Anna Wroblewska, Dinari’s Chief Business Officer.

Dinari首席業務官Anna Wroblewska表示，2025年，對工具的需求從Web3錢包到Neobanks到傳統金融服務公司的機構“爆炸”。

“We've had an enormous influx of demand from a much broader scope of potential partners than you might even imagine [...] it's actually been really interesting,” Wroblewska said.

Wroblewska說：“我們的潛在夥伴範圍比您甚至想像的，這實際上真的很有趣，我們的潛在合作夥伴的需求量很大。”

Related: Tokenization can transform US markets if Trump clears the way

相關：如果特朗普清除方式，象徵化可以改變美國市場

Small but growing market share

小但不斷增長的市場份額

As of April 18, tokenized stocks comprise around $350 million in cumulative market capitalization, according to data from RWA.xyz.

根據RWA.xyz的數據，截至4月18日，令牌化股票約佔累計市值的3.5億美元。

This represents only a sliver of the total RWA market, which is worth upward of $18 billion, the data shows.

數據顯示，這僅代表了RWA總市場的一部分，該市場價值180億美元。

But this could change as tokenized stocks capture a growing share of the US equities market, Wroblewska said. The US stock market has an aggregate value of more than $50 trillion, according to Siblis Research.

Wroblewska說，這可能會改變，因為標記股票占據了美國股票市場越來越多的份額。根據Siblis Research的數據，美國股票市場的總價值超過500萬億美元。

There is a “huge appetite for US public equities… even individual investors globally want exposure to US capital markets. Tokenization makes it fast and cheap,” Wroblewska said.

Wroblewska說，“對美國公共股票的胃口巨大……即使是全球的個人投資者也希望向美國資本市場敞開。

She added that tokenized US Treasury Bills are already in high demand for similar reasons. They currently comprise nearly $6 billion in total market cap, RWA.xyz data shows.

她補充說，出於類似原因，象徵化的美國財政賬單已經很高。 rwa.xyz的數據顯示，他們目前構成了近60億美元的總市值。

Meanwhile, Coinbase is considering making tokenized shares of its stock available on Base, its Ethereum layer-2 network.

同時，Coinbase正在考慮將其股票的令牌化股票（以太坊2層網絡）提供。

Collectively, tokenized RWAs represent a $30 trillion market opportunity globally, Movement Labs’ global head of institutional capital, Colin Butler, told Cointelegraph in an August interview.

機動實驗室的機構資本負責人科林·巴特勒（Colin Butler）在八月的一次採訪中對Cointelegraph表示，總體而言，Tokenized RWA代表了全球300萬美元的市場機會。

“Tokenization will become a mirror of the market. If the user experience is better, faster, and cheaper, people will default to tokenized assets.”

“令牌化將成為市場的鏡子。如果用戶體驗更好，更快，更便宜，人們將默認為令牌化資產。”