PDAX: Philippines Tokenized Asset Market Could Hit $60B by 2030
A PDAX and COINOTAG whitepaper projects the Philippines’ tokenized asset market could expand to about $60 billion by 2030. The study expects tokenization of government bonds, equities, mutual funds and other investment products to drive growth, broadening retail and institutional access to risk and returns. Current financial participation metrics cited: crypto ownership in the Philippines exceeds 14%, stock ownership around 2.4% and bond participation below 1%. The report highlights a structural shift as blockchain tokenization improves liquidity and revenue opportunities versus traditional markets, and calls attention to the need for a robust digital asset infrastructure and regulatory framework to support wider adoption.
Bullish
The PDAX whitepaper projects significant market expansion for tokenized assets in the Philippines, citing potential for $60B by 2030 and higher crypto ownership versus traditional asset participation. For traders, this is bullish because tokenization typically increases liquidity, creates new tradable instruments (tokenized bonds, equities, funds) and can attract capital from previously unbanked or underinvested retail segments. Improved liquidity and product availability can widen market depth and lower premiums, supporting price appreciation for related tokens and exchanges offering tokenized products. Short-term effects may be muted as regulatory frameworks and infrastructure develop; volatility could rise around policy announcements or exchange launches. Long-term, successful implementation would likely be net positive for crypto and tokenization-related projects, encouraging institutional participation, increasing trading volumes, and creating new yield and arbitrage opportunities. Historical parallels: market rallies after introduction of regulated exchange-traded products (e.g., BTC ETFs) show that regulatory clarity and product availability can materially boost flows and prices. Risks include regulatory delays, technology or custody issues and limited initial liquidity which could temper near-term gains.