Deloitte: It is expected that the tokenization of the real estate market could reach a scale of $4 trillion by 2035.

On April 25, a report released by Deloitte Financial Services Center on Thursday indicated that real estate tokenization, which was once a niche experiment, may soon become a core pillar of real estate financing, holding, and trading. The company predicts that by 2035, the tokenized real estate market could reach $4 trillion, with a compound annual growth rate of 27%, while the current scale is less than $300 billion. The report highlights that the appeal of asset tokenization for the real estate industry lies in its ability to automatically execute and simplify complex financial protocols—such as on-chain real estate funds that handle property transfers and cash flows through programmed rules. Deloitte cited Kin Capital's tokenization platform Chintai, a $100 million real estate debt fund based on trust deed lending, as a typical example. The report outlines a triple evolution path for real estate tokenization: private sale real estate funds, securitized loan ownership, and undeveloped land projects. According to the forecast, by 2035, tokenized debt securities are expected to dominate with a scale of $2.39 trillion, private funds may contribute around $1 trillion, while land development assets could reach approximately $500 billion.