Until recently, the word "tokenization" was primarily associated with cryptocurrencies. Today, this technology is being actively embraced by banks, which process billions of dollars daily.
JPMorgan, HSBC, BlackRock, and SWIFT—organizations that have shaped the financial system we know today for decades—are now participating in its technological renewal.
And this isn't just a fashion trend. Banks are already using blockchain for international payments, deposit transactions, gold, and investment funds.
Why are the world's largest financial institutions interested in tokenization? And what does this technology have to do with real estate, land, and even olive trees?
Let's look at some specific examples.
What is tokenization and why is there so much talk about it?
Imagine an apartment worth $200,000. In the traditional model, to become its owner, you must purchase the property outright or register shared ownership.
Now imagine that certain rights associated with that apartment could be represented digitally and divided among several participants.
Each digital unit – a token – can confirm the rights provided by the agreement.
This is one possible example of tokenization.
This technology can be applied to more than just real estate. Rights associated with gold, bonds, investment funds, and other real assets can be tokenized.
Hence the name RWA – Real World Assets, that is, real assets.
But there's an important caveat: a token doesn't necessarily imply ownership. It can also confer other rights, so legal terms are always crucial.
Why has this technology attracted the attention of banks? Because its capabilities go beyond dividing assets into parts.
Blockchain can speed up transactions, simplify accounting, and automate processes that currently require the participation of multiple organizations.
And this is where the fun begins.
$4 Trillion by 2030: How Promising is the Tokenization Market?
MCKINSEY OUTLOOK FOR 2030
$1 trillion
Careful
$2 trillion
Base
$4 trillion
Optimistic
Estimation of the potential capitalization of tokenized assets, excluding cryptocurrencies and stablecoins.
According to the forecast of the international consulting company McKinsey, by 2030 the market for tokenized assets could reach $2 trillion, and in a more favorable development scenario, $4 trillion.
This isn't a guaranteed result, but an analytical forecast. However, the assessment itself demonstrates how seriously experts view the technology's potential.
Moreover, market development is no longer limited to small technology companies.
JPMorgan: More than $5 billion in transactions every day
One of the largest US banks, JPMorgan Chase, is developing its own blockchain infrastructure, Kinexys.
And it already works with real banking transactions.
In April 2026, JPMorgan reported that Kinexys had processed more than $3 trillion in transactions since its launch, with average daily transaction volume exceeding $5 billion.
JPMorgan
But why does a bank need blockchain if it already has a developed payment system?
Imagine an international company that needs to transfer a large sum of money between divisions in different countries. In a traditional system, such transactions may be subject to banking hours, intermediaries, and additional checks.
Blockchain infrastructure allows for the automation of certain stages and the expansion of 24/7 settlement capabilities.
JPMorgan is also developing JPM Coin (JPMD), a digital form of bank deposit for institutional clients.
It turns out that one of the world's largest traditional banks is using a technology that, until recently, many associated exclusively with cryptocurrencies.
HSBC: Real gold goes digital
British banking group HSBC has taken a different approach, beginning to develop the tokenization of gold and bonds.
What is particularly interesting here is how physical assets and digital technologies are connected.
Gold exists in the real world, is stored in specialized vaults and has physical characteristics.
But the rights associated with it can be recorded using digital tokens.
This is exactly the approach HSBC is taking in the HSBC Gold Token project.
At the same time, the bank is developing the Orion platform, designed for issuing digital bonds.
In February 2026, HSBC announced that the UK Treasury had selected Orion for the DIGIT digital government bond pilot project.
This is an important signal: tokenization technology is being studied not only by commercial banks, but also by government financial institutions.
BlackRock: When Tokenization Comes to Investment Funds
While JPMorgan is developing digital banking operations and HSBC is tokenizing gold and bonds, BlackRock is introducing blockchain into investment fund management.
In August 2026, the company announced the launch of tokenized access to select European money market funds.
The total asset value of the relevant funds was approximately $311 billion.
Press Releases
This doesn't mean that all $311 billion has already been converted into tokens. This refers to funds that have become eligible for new technology for accounting for individual classes of shares.
The company uses blockchain to modernize existing financial products.
This could become one of the key scenarios for the development of tokenization: not a replacement for traditional assets, but a change in how they are managed.
SWIFT: International transfers are also changing
Imagine being able to make an international bank transfer at any time of day, regardless of weekends and time zones.
These are exactly the kinds of capabilities that SWIFT, the international financial messaging system used by banks around the world, is working on.
In July 2026, SWIFT announced that its blockchain ledger was ready for the next phase of use, with 17 banks across six continents preparing to test real-world cross-border transactions with tokenized deposits.
The goal is to create conditions for 24/7 cross-border payments.
Swift
This does not mean that all bank transfers have moved to blockchain.
But it shows the direction of work of one of the most important infrastructures of the global financial system.
Why is this direction interesting for Stability?
The international Stability ecosystem unites resort real estate projects, agricultural development, and digital services.
The company develops facilities in Georgia, Ukraine, Armenia and Thailand, and also grows olive trees in Georgia.
These are areas where clear contractual relationships, asset accounting, management transparency, and stakeholder engagement are particularly important.
This is why the development of digital technologies is of interest not only to banks, but also to companies working with real-world assets and production projects.
Each project has its own business model, legal conditions, and risks. Using similar technology does not guarantee cooperation with the banks listed above or their guarantees.
Does this mean that tokenization is the future?
The history of finance shows that new technologies don't always displace old tools. More often, they gradually change the way they are used.
Today, banks do not refuse money, gold, bonds or investment funds.
They are looking for new ways to account for these assets, conduct transactions, and interact with each other.
Tokenization can make some of these processes faster and more efficient. However, issues of regulation, technical compatibility, security, and liquidity still need to be addressed for its widespread adoption.
McKinsey is clear that widespread adoption of the technology will require time and concerted action by many market participants.
JPMorgan moves billions of dollars daily through blockchain infrastructure. HSBC is tokenizing gold and developing digital bonds. BlackRock is implementing the technology in investment funds. SWIFT is preparing international settlements for digital deposits.
Perhaps the main question is no longer whether tokenization will become part of the financial system, but how widely it will be adopted—and which real-world assets will be the next to be digitalized.
