# CC,

The tokenization market still has enormous room to grow.
Grayscale estimates that more than $300 trillion worth of assets could eventually be tokenized, while only around $30 billion is currently on-chain.
The pace of growth is already sharp. Over the past year, the market expanded by 217%, led mainly by tokenized US Treasuries at roughly $15 billion and commodities at around $5 billion.
For context, residential real estate is worth $288 trillion, bonds $145 trillion, and equities $127 trillion. All of that is potential tokenization territory.
According to Grayscale, some of the biggest crypto