Saudi Arabia’s tokenisation market remains in its early stages. However, rapid financial digitalisation, expanding fintech activity and growing institutional interest in digital assets are creating foundations for future development.
How large could the market become?
Ken Research forecasts that Saudi Arabia’s asset-tokenization market could reach approximately $5 billion by 2030, growing at an estimated compound annual rate of 25%.
This is a commercial market forecast, not an official government projection. Its realisation will depend on regulation, infrastructure development, institutional adoption and the availability of viable tokenised assets.
Is the broader fintech market growing?
Mordor Intelligence forecasts that Saudi Arabia’s fintech market could grow from $3.23 billion in 2026 to $6.08 billion by 2031, representing annual growth of 13.45%.
Saudi Arabia’s Financial Sector Development Program also targets 525 fintech companies by 2030. The Kingdom had already reached 261 companies in 2024, demonstrating measurable progress toward this objective.
Why does digital adoption matter?
Electronic payments represented 85% of Saudi retail payments in 2025. The 14.6 billion electronic transactions recorded that year demonstrate increasing familiarity with digital financial services and infrastructure.
Where could tokenisation create value?
Potential applications include real estate, investment funds, bonds and infrastructure financing. Tokenization could improve issuance, administration, ownership records and settlement while enabling new models of institutional participation.
However, technology alone will not create liquidity or eliminate investment risk. Sustainable adoption requires investor protection, Shariah alignment, regulatory clarity, data governance and interoperability with existing financial systems.
How will BKN301 contribute?
BKN301 is building the financial data infrastructure layer connecting regulated entities with real-world asset tokenisation, providing the technology and orchestration needed to connect tokenisation and data flows and banking capabilities through a unified, composable and API-driven architecture.
