Unlocking the Potential of Asset Tokenization in the Philippines
The Philippines is poised to tap into a $60 billion market for tokenized assets by 2030, according to a recent report by Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital. This emerging market is expected to be led by stocks and government bonds, with digital wallets like GCash and PDAX making tokenized bonds accessible to a wider audience, starting at prices as low as P500.
Cryptocurrency Ownership Outpaces Traditional Investing in the Philippines
Despite being one of the most digitally connected countries in Southeast Asia, the Philippines has seen limited participation in conventional investments. However, the report reveals that around 14% of Filipinos own cryptocurrencies, surpassing the less than 5% who own stocks, bonds, or mutual funds. This gap between access to digital tools and access to the broader financial system presents an opportunity for growth.
According to Nichel Gaba, founder and CEO of PDAX, “The Philippines has a unique advantage: blockchain wallets are already mainstream. We are not starting from scratch. The infrastructure to deliver tokenized assets to millions of Filipinos already exists in their pockets. Our focus now is on connecting this infrastructure with real, regulated financial products.”
Tokenized Assets: A Path to Financial Inclusion
The report estimates that stocks will account for the largest share of the token market at $26 billion, followed by $24 billion in treasuries, $6 billion in mutual funds, and $4 billion in other assets. The tokenization of government bonds, for example, has already shown promise, with minimum investments reduced to just 500 pesos, making it more accessible to smaller savers.
The partnership between the Bureau of the Treasury, PDAX, and GCash has been cited as evidence of the growing momentum behind tokenized assets. According to Sharon Almanza, Treasurer of the Philippines, “This partnership brought government bonds directly into the reach of millions of Filipinos. It represents a bold step forward in democratizing access to public financial instruments and further promoting financial inclusion.”
A Global Opportunity: Unlocking the $400 Trillion TradFi Market
Tokenized real-world assets have the potential to unlock a $400 trillion traditional financial market, according to a recent study by Web3 digital real estate company Animoca Brands. The global market for private loans, government bonds, commodities, stocks, alternative funds, and bonds is a huge growth avenue. Meanwhile, the market for tokenized real-world assets could grow to $16 trillion by 2030, according to the Skynet RWA Security Report 2025.
For more information on the potential of asset tokenization in the Philippines, visit https://cryptonews.com/news/philippines-could-unlock-60b-through-asset-tokenization-by-2030-report/
