Five trillion in five years? Jefferies is just making promises, but tokenized RWA and stablecoin settlement are indeed quietly reshaping the fundamentals of Wall Street, worth paying attention to.

According to Crypto界 news, the Wall Street investment bank Jefferies released a report saying that as institutions adopt digital asset infrastructure, a new round of crypto and blockchain-related company IPOs is expected to emerge over the next two years, and it believes the sector could grow into a $1 trillion public market within five years. Jefferies said institutional attention is shifting from Bitcoin price speculation to the use of blockchain in traditional finance, including tokenized money market funds, private credit, stablecoins, tokenized payments, and blockchain settlement systems.