Global Economy on Track for Tokenization, Says Consensys' Joseph Lubin

As the world continues to navigate the complexities of digital transformation, a growing number of experts are predicting that the entire global economy will soon be tokenized.

In a recent Fireside chat at Consensus Miami 2026, Joseph Lubin, CEO and founder of Consensys, made this prediction, citing the maturity of blockchain technology as a key driver of this shift.

Lubin's company, which focuses on building infrastructure and developer tools for the Ethereum blockchain, has been a leading proponent of tokenization since its early days. The founder attributes the breakthrough that enabled anyone to issue assets without building a new blockchain to Ethereum's design choices.

Today, financial institutions are increasingly moving their assets onto blockchain rails, with Lubin pointing to the evolution from bitcoin as the first decentralized token to Ethereum's role in enabling the creation of new tokens without separate blockchains. The technology has reached a level of maturity that is drawing in traditional finance organizations and regulators.

According to Lubin, tokenization is expanding beyond stablecoins into treasuries and other real-world assets, with more financial activity expected to move onto blockchain infrastructure.