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Real estate not the best asset for RWA tokenization — Michael Sonnenshein

Securitize chief operating officer Michael Sonnenshein said in a Paris Blockchain Week panel that the onchain economy demands more liquid assets.

As more institutions explore blockchain-based finance, some industry leaders say tokenized real-world assets (RWAs) may surpass $30 trillion by the 2030s. Others are casting doubt on that projection.

In June 2024, Standard Chartered Bank and Synpulse predicted that RWAs may reach over $30 trillion by 2034. The narrative remained strong in the latter part of 2024, with some analysts expressing similar sentiments.

At Paris Blockchain Week 2025, a panel moderated by Cointelegraph’s managing editor, Gareth Jenkinson, brought together executives from across the tokenization ecosystem to discuss the future of RWAs. Participants included Charles Adkins of Hedera, Dotun Rominiyi from the London Stock Exchange, Shy Datika of INX, Steven Gaertner of Tiamonds and Securitize chief operating officer Michael Sonnenshein.

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