Citigroup: Tokenized Securities Market to Reach $5.5 Trillion by 2030
C sits 69% above its 52-week low of $74.3.
Summary
Citigroup projects the tokenized securities market will expand dramatically from its current $17 billion to $5.5 trillion by 2030. This forecast, detailed in a new report, suggests a significant shift in mainstream public markets, with 10% of U.S. Treasury bills and 3% of public stocks potentially tokenized. The bank notes growing support from stock exchanges and clearer government regulations, indicating a major long-term opportunity for financial institutions involved in digital assets.
At the time of this announcement, C was trading at $125.67 on NYSE in the Finance sector, with a market capitalization of approximately $215.5B. The 52-week trading range was $74.30 to $135.29. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: CryptoProwl.