Morgan Stanley and Oliver Wyman jointly published a forecast projecting the tokenized real-world asset market will reach $2.3 trillion by 2030 in a base case. Approximately $1.7 trillion of that figure is attributed to collateral mobility use cases, with reserve and treasury management contributing roughly $400 billion. The report represents mainstream institutional validation of tokenization as infrastructure rather than speculation.
For Armada, the collateral mobility figure is the most relevant data point: it directly supports the commercial rationale for crypto-collateralized repo using tokenized T-Bills and other on-chain instruments. The forecast can anchor investor decks, counterparty onboarding conversations, and internal business case modeling. Both desks benefit from the credibility of two blue-chip research brands endorsing the asset class scale.