Deloitte Forecasts $4 Trillion Tokenized Real Estate Market on Blockchain by 2035

The real estate sector is poised for a digital revolution as blockchain technology continues to gain momentum. A new report from the Deloitte Center for Financial Services predicts that over $4 trillion worth of real estate could be tokenized by 2035, a dramatic leap from the estimated $300 billion in 2024.

According to the report, published on April 24, tokenized real estate assets are expected to grow at a compound annual growth rate (CAGR) of more than 27% over the next decade. This transformation will be driven by the increasing benefits of blockchain-based ownership models, alongside broader structural changes within the global real estate industry.

Real Estate’s Digital Shift Accelerates

“Real estate itself is undergoing transformation,” said Chris Yin, co-founder of Plume Network, a blockchain platform specializing in real-world assets (RWAs). He explained that post-pandemic work trends, climate risks, and rapid digitization have dramatically reshaped the fundamentals of the property market.

“Office buildings are being repurposed into AI data centers, logistics hubs, and energy-efficient residential communities,” Yin told Cointelegraph. He emphasized that modern investors are seeking targeted access to these evolving asset classes, and tokenization provides programmable, customizable exposure to these new profiles.

Global Trade Tensions Fuel Blockchain Adoption

The report also highlights how geopolitical factors are accelerating the trend. Investor interest in real-world asset tokenization has spiked amid the uncertainty triggered by President Donald Trump’s renewed import tariffs. With growing global trade concerns, assets like stablecoins and tokenized real estate are increasingly viewed as safe havens.

Juan Pellicer, senior research analyst at IntoTheBlock, noted that these fears have boosted blockchain asset volumes significantly. For instance, tokenized gold surpassed $1 billion in daily trading volume on April 10 — the highest level since the March 2023 U.S. banking crisis that witnessed the collapse of Silicon Valley Bank and Silvergate Bank.

Regulation Will Follow Adoption, Experts Say

Yin also pointed out that regulatory clarity is likely to follow mass adoption. Drawing parallels to Uber’s expansion before regulatory frameworks caught up, Yin suggested that the same could happen with blockchain-based property investments.

“While regulation is a hurdle, regulation follows usage,” he said. “Making tokenized assets compliant across jurisdictions is crucial for unlocking global participation in these markets.”

Still, skepticism remains within the blockchain industry about tokenizing inherently illiquid assets like real estate.

At Paris Blockchain Week 2025, Securitize Chief Operating Officer Michael Sonnenshein voiced his doubts: “I don’t think tokenization should have its eyes directly set on real estate,” he said. While acknowledging blockchain’s potential to eliminate intermediaries and streamline processes such as escrow, Sonnenshein argued that today’s onchain economy demands more liquid assets — suggesting that real estate may not yet be the ideal target.

The Future of Real Estate: Tokenized, Accessible, and Programmable

Despite differing opinions, the momentum behind tokenized real estate is undeniable. As blockchain continues to redefine ownership models, investment access, and liquidity mechanisms, real estate tokenization could soon become a core pillar of the next-generation financial system.

Whether through offering fractional ownership, easier international investment, or programmable income streams, tokenization promises to reshape property investment as we know it — and according to Deloitte, the $4 trillion future is already on the horizon.