随着收养的加速，令牌股有望超过$ 1T的市值

两位行业高管说，随着收养的加速，在未来几年内，令牌股的市值有望超过1万亿美元。

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.

两位行业高管在纽约的Tokenizethis会议上说，随着收养的加速，随着收养的加速，令牌股有望超过1万亿美元的市值。

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首席执行官Arnab Naskar在4月16日的小组中说，令牌化股票的总可寻址市场（一种令牌化的现实世界资产（RWA））很难投射，但“绝对是一个更大的万亿美元市场”。

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首席业务官Anna Wroblewska表示，2025年，对工具的需求从Web3钱包到Neobanks到传统金融服务公司的机构“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说：“我们的潜在伙伴范围比您甚至想象的，这实际上真的很有趣，我们的潜在合作伙伴的需求量很大。”

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

相关：如果特朗普清除方式，象征化可以改变美国市场

Small but growing market share

小但不断增长的市场份额

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

根据RWA.xyz的数据，截至4月18日，令牌化股票约占累计市值的3.5亿美元。

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

数据显示，这仅代表了RWA总市场的一部分，该市场价值180亿美元。

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说，这可能会改变，因为标记股票占据了美国股票市场越来越多的份额。根据Siblis Research的数据，美国股票市场的总价值超过500万亿美元。

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说，“对美国公共股票的胃口巨大……即使是全球的个人投资者也希望向美国资本市场敞开。

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.

她补充说，出于类似原因，象征化的美国财政账单已经很高。 rwa.xyz的数据显示，他们目前构成了近60亿美元的总市值。

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

同时，Coinbase正在考虑将其股票的令牌化股票（以太坊2层网络）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.

机动实验室的机构资本负责人科林·巴特勒（Colin Butler）在八月的一次采访中对Cointelegraph表示，总体而言，Tokenized RWA代表了全球300万美元的市场机会。

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

“令牌化将成为市场的镜子。如果用户体验更好，更快，更便宜，人们将默认为令牌化资产。”