Philippines Could Unlock $60B Through Asset Tokenization by 2030: Report
The Philippines is poised to unlock a $60 billion tokenized-asset market by 2030, driven by equities and government bonds, according to a joint report by the Philippine Digital Asset Exchange (PDAX), Saison Capital, and Onigiri Capital. The country's DEEP engagement with digital wallets and cryptocurrencies creates a "tokenized-first" pathway to investing.
Filipinos exhibit a striking preference for crypto over traditional investments—14% hold digital assets compared to fewer than 5% invested in stocks or funds. Digital wallets like GCash and PDAX are democratizing access, with tokenized bonds available for as little as P500.
"The Philippines has a unique advantage: blockchain wallets are already mainstream," said Nichel Gaba, CEO of PDAX. The existing infrastructure positions the nation to bridge the gap between digital tools and broader financial participation.