Philippines to Tokenize Up to $60 Billion in Assets by 2030

Source: ETHNews Original Title: Philippines to Tokenize Up to $60 Billion in Assets by 2030 Original Link: The Philippine Digital Asset Exchange (PDAX), together with Saison Capital and Onigiri Capital, has unveiled Project Bayani, an ambitious initiative aiming to tokenize as much as $60 billion in assets by 2030.

The project is designed to modernize the country’s capital markets and dramatically expand access to financial products through blockchain technology and widely used digital wallets.

A Massive Tokenization Opportunity Across Key Asset Classes

Project Bayani outlines a broad market transformation driven by tokenized versions of major financial instruments. According to projections, tokenized public equities could reach $26 billion, government bonds may grow to $24 billion, and mutual funds could add another $6 billion. Together, these categories form the backbone of the project’s long-term target.

Built on the Philippines’ Strong Digital Wallet Ecosystem

The country’s high adoption of mobile wallets, including GCash, Maya, and PDAX’s own platform, provides a ready-made launchpad for tokenized markets. These apps already incorporate blockchain capabilities, enabling a “tokenized-first” approach that lowers friction for both new and experienced investors. Millions of Filipinos now have immediate access to tokenized assets through tools they use daily.

Lowering Barriers and Promoting Financial Inclusion

One of Project Bayani’s strongest value propositions is its ability to reduce investment minimums. Through blockchain distribution, tokenized government bonds on PDAX and GCash now have an entry point of P500 (around $8.50), far below traditional requirements. This shift allows everyday Filipinos to participate in markets historically reserved for wealthier investors.

Crypto Adoption Strengthens the Foundation for Growth

The Philippines already has one of the highest crypto adoption rates globally, with 14% of Filipinos owning cryptocurrency. In contrast, fewer than 5% invest in conventional assets such as stocks or bonds. This stark gap underscores the country’s readiness for blockchain-native financial products, positioning tokenization as a natural next step in market evolution.

A Collaborative Regulatory Framework

Project Bayani also highlights strong cooperation between regulators and industry players. The Bangko Sentral ng Pilipinas (BSP), the Securities and Exchange Commission (SEC), and private firms like PDAX are working together to safely scale tokenized offerings and ensure robust consumer protections. Their coordinated approach provides regulatory clarity while supporting innovation.

With Project Bayani, the Philippines is positioning itself as a regional leader in asset tokenization, transforming how millions access investments and reshaping the country’s financial landscape for the decade ahead.