Ethereum Eyes Tokenization Boom as Citi Forecasts $5.5 Trillion Market by 2030

Ethereum could emerge as one of the biggest beneficiaries of the growing real-world asset (RWA) tokenization trend after Citigroup projected that the tokenized securities market could expand from $17 billion today to as much as $5.5 trillion by 2030. The banking giant also noted that even under a slower adoption scenario, the market could still reach $2.7 trillion within the next few years.

According to Citi, tokenized U.S. Treasury bills are expected to drive much of this growth, with the bank forecasting that around 10% of Treasury bills could be tokenized by the end of the decade. Equities are also expected to contribute, potentially accounting for 3% of the projected market value.

The bullish outlook comes as major financial institutions continue to embrace blockchain-based tokenization. BlackRock has already expanded its BUIDL fund from Ethereum to additional networks such as Solana, while continuing to leverage blockchain technology for asset management initiatives. The asset management giant has also revealed plans to tokenize money market funds using Ethereum infrastructure. Meanwhile, Mastercard recently secured regulatory approval in New York that could support tokenized deposit solutions.

Ethereum currently holds a significant position within the tokenization ecosystem, making it a potential winner if institutional adoption accelerates. As more Wall Street firms explore blockchain-based financial products, Ethereum remains one of the preferred networks for tokenized assets.

At the same time, Ethereum derivatives data shows growing bullish sentiment. The network’s weighted funding rate climbed to 0.0113% on May 31, marking its highest level since August 2025. Funding rates have remained positive for 25 consecutive days, indicating stronger demand from traders betting on higher prices.

However, elevated long positioning also increases liquidation risk. On June 1, approximately $84 million worth of long ETH positions were liquidated as the cryptocurrency slipped below the key psychological support level of $2,000. Ethereum was trading near $1,987 at the time of writing.

From a technical perspective, ETH recently completed a bearish double-top pattern formed between April and May. After breaking below the neckline near $2,240, the asset declined toward the $2,000 support zone. Analysts are closely watching the $1,984 to $1,994 range, which has emerged as a critical demand area. A successful rebound from this zone could help Ethereum reclaim $2,000 and potentially target resistance near $2,220 in the coming weeks.