J.P. Morgan predicts that the tokenized real-world asset market will reach $13 trillion by 2030, highlighting the scale of the opportunity the bank sees in bringing traditional assets onto the blockchain.

The forecast specifically highlights Pendle, a DeFi protocol specializing in yield trading, as a notable player in the expanding tokenization sector. Tokenized real-world assets—including instruments such as bonds, real estate, and commodities represented on blockchain networks—are attracting growing interest.