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Tokenization shifts toward real-world utility as stablecoin and policy moves
Tokenized real-world assets have surpassed $30 billion, and CoinDesk says asset managers seeking tokenization rose to 64% from 40% a year earlier.
CoinDesk’s Crypto for Advisors newsletter highlights a change in tone at TokenizeThis 2026, where the discussion moved from whether real-world assets belong on-chain to how tokenization can be used in practice.
The newsletter points to growth and survey data, saying tokenized real-world assets have pushed past $30 billion, roughly six times their start-of-2025 level, and citing an EY and Coinbase Institutional survey where 64% of asset managers want to tokenize, up from 40% a year earlier.
Regulation is cited as a key reason for the shift, with the GENIUS Act described as giving payment stablecoins legitimacy and speakers pointing to the CLARITY Act, still working through the Senate, as the next major unlock.
In a repo-focused panel, Broadridge’s Robert Krugman said his firm moves around $370 billion of tokenized repo per day on the Canton network, a small portion of the $12 trillion US repo market, but one that underscores the newsletter’s utility-first theme.