Matt Hougan, chief investment officer (CIO) at Bitwise, today shared a bold prediction: Bitcoin, Solana, Hyperliquid, and Uniswap have a massive opportunity to benefit from the advancing tokenization revolution. This is happening because the boundary between TradFi and DeFi is fading as RWA tokenization rapidly makes real-world assets (such as stocks, precious metals, and others) accessible and tradable on-chain.
Today, the total value of tokenized assets stands at $31.73 billion, up from the $6 billion record set in April 2024. This remarkable growth shows steady adoption of real-world assets (including equities, government bonds, money market funds, private credit, etc.) tokenized onchain.
Why tokenization is a trillion-dollar opportunity
This growth is why the Bitwise manager believes the future of crypto lies in connecting real-world assets to blockchain infrastructure. In the podcast shared today on X, Hougan specifically identified Bitcoin, Solana, Hyperliquid, and Uniswap as major cryptocurrencies likely to benefit from the rising tokenization boom.
The executive admitted that tokenization has become a major avenue that integrates the crypto industry with traditional finance. Today, TVL of government debt stands at $9.1 billion, accounting for 42% of the entire on-chain RWA value. While gold-backed tokens are worth $3.1 billion, tokenized equities grew from below $300 million a year ago to $2.5 billion currently, according to data from RWA.xyz.
Based on this steady growth, Standard Chartered’s digital asset team predicted in May that tokenized assets will reach $4 trillion by the end of 2028 and $18.9 trillion by 2033. On the other hand, Hougan (and the Bitwise team) believe tokenized assets could reach $600 trillion under positive circumstances, supported by institutional participation and favorable regulations.
New era of onchain utility
Hougan said the volatile crypto market is rapidly shifting toward tangible value. While he acknowledged that speculative hype is fading, he said crypto projects with strong real-world utility (such as Bitcoin, Solana, Hyperliquid, and Uniswap) are attracting top investor interest. He predicted that these four crypto assets are set to lead the next wave of growth, driven mainly by the RWA tokenization rally.
Tokenization connects real-world assets to on-chain ownership, giving global investors access to transparency, liquidity, and yields they have never seen before. As a result, Hougan named BTC, SOL, HYPE, and UNI as the top crypto assets at the forefront of this movement, offering investors real yields tied to on-chain rewards, deeper liquidity, and open investment opportunities unavailable in banks and traditional institutions.
