Jefferies Projects Crypto and Blockchain Listings at $1 Trillion Market

Investment bank Jefferies said it expects a surge of crypto and blockchain-related public listings over the next two years. The bank projects the sector could grow into a $1 trillion public market within five years. The forecast appears in a report issued after Jefferies held its first Digital Assets Investor Conference in New York.

The event brought together executives from 35 digital asset companies and roughly 150 institutional investors.

Jefferies said conversations at the conference showed institutional investors moving away from bitcoin price speculation toward integration of blockchain infrastructure into traditional finance. The report cited tokenized money market funds, private credit products, and blockchain-based settlement systems as areas already entering production.

Stablecoins and tokenized payments were identified as near-term growth areas, with payment firms seeking lower-cost cross-border transfers and continuous operation.

The crypto IPO market slowed in 2026 after several digital asset firms went public in 2025. Jefferies noted that several companies, including Securitize and Payward, the parent company of Kraken, are finalizing IPO plans for later this year. The bank also pointed to the proposed CLARITY Act as legislation that could provide additional regulatory clarity for digital assets.

Earlier this year, Securitize partnered with Computershare to help public companies issue tokenized shares. 2 billion to strengthen blockchain-based settlement infrastructure.