Blockchain Cracks Open Wall Street’s Most Guarded Asset Class

Private markets are illiquid, opaque, and outdated. Tokenization is changing that. With trillions in assets locked up, new U.S. regulations like the GENIUS Act, CLARITY Act, and the SEC’s Project Crypto are creating the rails for programmable liquidity. Institutions are already piloting tokenized funds, and forecasts suggest $2–4 trillion in tokenized assets by 2030. The next decade will mark the end of illiquidity — and the rise of token-native private markets.