1. What are the forecasts for asset tokenization by 2030 based on?

Forecasts regarding the size of the tokenized asset market over the next decade are based on research from many of the world's leading financial and consulting organizations. While the exact figures vary, most studies agree that tokenization will become a major trend in the global digital economy.

• Boston Consulting Group (BCG) and ADDX: A BCG report estimates that the tokenized asset market could reach approximately USD 16 trillion by 2030, representing nearly 10% of global GDP and becoming one of the fastest-growing segments of the digital asset industry.

• Industry reports from 2024–2025: Numerous studies have recorded strong growth in tokenized assets such as bonds, investment funds, private credit, and real-world assets (RWAs), as an increasing number of traditional financial institutions enter the market.

• Major financial institutions: Organizations such as BlackRock have already launched tokenized investment funds, demonstrating that tokenization is moving beyond experimentation into institutional-scale adoption.

It is important to note that these forecasts are estimates based on assumptions regarding technology, regulation, and market adoption. However, the overall trend is becoming increasingly clear: tokenization is steadily becoming part of the mainstream financial system, creating demand for digital asset authentication and trading platforms built on national blockchain infrastructure and Layer 1 blockchains.

🔑 Read more: NDAChain: Vietnam’s Layer 1 blockchain infrastructure

2. Why is tokenization expected to grow rapidly?

The growth projections are driven by the tangible benefits that tokenization can provide:

• Unlocking liquidity: High-value assets such as real estate, infrastructure, and private credit are traditionally illiquid. Tokenization makes them easier to trade.

• Lowering investment barriers: Fractional ownership allows smaller investors to access asset classes that were previously available only to institutions.

• Reducing intermediary costs: Smart contracts automate many processes, lowering issuance and management costs.

• Creating new financial infrastructure: Tokenization serves as a foundational building block for an interconnected global digital financial system.

3. What opportunities does tokenization create for Vietnam?

As more assets are digitized and traded on blockchain networks, countries with strong digital infrastructure, supportive regulations, and trusted data authentication mechanisms will have a competitive advantage. Vietnam possesses several favorable conditions to participate in the global tokenization wave.

• A national blockchain infrastructure is taking shape: Platforms such as NDAChain are already operational, providing the foundation for the authentication, management, and trading of digital assets on sovereign infrastructure.

• Clear policy direction: Blockchain has been designated a national strategic technology under Decision No. 21/2026/QD-TTg, creating a foundation for long-term development of digital assets and the digital economy.

• Emerging regulatory sandbox environments: Digital asset sandbox mechanisms provide businesses with space to test new models before large-scale deployment, reducing regulatory risk and encouraging innovation.

• Abundant asset classes: Vietnam has a wide range of assets suitable for tokenization, including real estate, corporate bonds, agricultural products, carbon credits, intellectual property, and digital certificates.

🔑 Read more: What is Blockchain? Its Evolution and Role in National Digital Strategy

In practice, some of the greatest opportunities may come from tokenizing real estate to improve market liquidity, tokenizing corporate bonds to expand capital-raising channels, and tokenizing agricultural assets combined with traceability solutions to increase the value of Vietnamese products in international markets. Supported by a national blockchain and an appropriate regulatory framework, tokenization could become a new growth driver for Vietnam’s digital economy over the coming decade.

4. Conditions for Vietnam to capitalize on the tokenization opportunity

Despite its enormous potential, asset tokenization can only develop sustainably when supported by appropriate infrastructure, regulation, and governance mechanisms. To transform opportunity into national competitive advantage, Vietnam needs to establish several foundational conditions.

🔑 Read more: Vietnam’s Layer 1 blockchain: When Vietnamese engineers master core technology

• Completing the legal framework: Ownership rights, transfer mechanisms, and obligations related to tokenized assets must be legally recognized and protected. This is a prerequisite for large-scale market development.

• Building trusted sovereign infrastructure: Digital assets associated with Vietnamese citizens, businesses, and data should operate on infrastructure controlled by Vietnam, ensuring data sovereignty and long-term governance capabilities.

• Protecting investors and markets: Mechanisms are needed to ensure transparency, verify underlying assets, oversee issuance activities, and prevent fraud in order to maintain market confidence.

• Developing a supporting ecosystem: Tokenization requires more than blockchain technology. It also depends on appraisal firms, custodians, auditors, legal service providers, and financial institutions capable of supporting the ecosystem.

In this context, a national blockchain serves as the trust infrastructure for a tokenized economy. Deploying digital assets on a sovereign platform helps ensure that data, ownership rights, and transactions are managed under Vietnamese law while enabling transparent, secure, and sustainable market growth.

5. The role of NDAChain in the tokenization wave

NDAChain serves as the national blockchain infrastructure that enables asset tokenization to take place transparently, securely, and in compliance with regulations. As a permissioned Layer 1 blockchain, NDAChain provides several characteristics well suited to digital asset markets:

• Regulatory compliance: Designed to meet Vietnam’s requirements for data governance, cybersecurity, and personal data protection.

• Clear accountability: Validators have verified identities and legal responsibilities, making the network suitable for high-value asset transactions.

• Interoperability with international standards: Supports open standards such as W3C DID and Verifiable Credentials (VCs), enabling integration with global digital ecosystems.

• Smart contract support: EVM-compatible, allowing the issuance, management, and automation of tokenized asset lifecycles.

As a result, NDAChain is not only a technology platform but also a digital trust layer that enables tokenized markets to develop on sovereign, transparent, and sustainable infrastructure.

6. Tokenization by 2030 and Vietnam’s position in the digital economy

The tokenization wave leading up to 2030 is more than a technological or financial trend; it is an opportunity for nations to define their position within the global digital economy. Countries with strong digital infrastructure, supportive regulatory frameworks, and effective data governance capabilities will gain significant advantages in attracting digital assets and capital flows.

For Vietnam, the objective is not merely to participate in the tokenized asset market, but to do so in a way that safeguards data sovereignty, legal certainty, and national interests. This requires key digital assets to operate on trusted infrastructure controlled by Vietnam rather than relying entirely on foreign platforms.

🔑 Read more: National blockchain: A key enabler of e-government and the digital economy

With the emergence of NDAChain and policies promoting blockchain technology and digital assets, Vietnam is building the initial conditions necessary to leverage tokenization as a tool for capital mobilization, liquidity enhancement, and digital economic growth. This is not only a technology story but also a strategic decision about national competitiveness in the age of digital assets.

7. Frequently asked questions (FAQ)

Is the forecast that 10% of global GDP will be tokenized by 2030 credible?

Yes. Multiple international financial institutions and research organizations have produced similar forecasts. A report by Boston Consulting Group (BCG) and ADDX estimates that the tokenized asset market could reach approximately USD 16 trillion by 2030, equivalent to nearly 10% of global GDP. While these are forecast scenarios that depend on regulatory, technological, and market adoption factors, tokenization is already being implemented by major institutions such as BlackRock, JPMorgan, and other global financial organizations.

What opportunities does tokenization create for Vietnam?

Tokenization can increase liquidity for real estate, corporate bonds, agricultural assets, and many other asset classes. With the development of a national blockchain, digital asset regulations, and sandbox initiatives, Vietnam has an opportunity to participate in the global digital asset market in a transparent, sovereign, and legally compliant manner.

What conditions are necessary for Vietnam to benefit from the tokenization wave?

To ensure sustainable growth, Vietnam must simultaneously strengthen its legal framework, build trusted digital infrastructure, protect investors, and develop supporting services such as custody, valuation, and asset auditing. In addition, deploying tokenized assets on national blockchain infrastructure helps ensure data sovereignty and effective governance of economically significant assets.

What role does NDAChain play in the tokenization ecosystem?

NDAChain is a national Layer 1 blockchain that provides trusted authentication and data management infrastructure for digital asset applications. With its permissioned architecture, identifiable validator network, EVM-compatible smart contract support, and adherence to international digital identity standards, NDAChain offers a foundation for transparent, compliant, and scalable tokenization.

How does tokenization on a national blockchain differ from tokenization on a public blockchain?

On public blockchains, assets and data rely on globally operated infrastructure, while accountability and regulatory compliance can be more challenging. In contrast, tokenization on a national blockchain operates within a governed environment featuring licensed validators, clear oversight mechanisms, and stronger data sovereignty protections. This model is particularly suitable for assets linked to the real economy and subject to national-level regulatory requirements.