Private-equity powerhouses Blackstone and TPG Capital have joined forces in one of 2025’s largest buyouts — the $18.3 billion acquisition of Hologic Inc.. According to MarketWatch, this deal contributes to a record $737.9 billion in private-equity buyouts announced so far this year, marking a 26 percent jump from 2024.
While traditional finance celebrates the rebound of mega-deals, the crypto community sees another story emerging: tokenised private-equity participation. As buyout sizes grow, smaller investors are locked out — unless digital fractionalisation steps in. Blockchain-based private-equity platforms are experimenting with security tokens that mirror ownership in real-world assets and company stakes, giving accredited and retail investors alike new entry points.
Experts note that this trend mirrors the ongoing tokenisation of real-world assets (RWAs) — transforming illiquid investments such as venture funds, real estate, or buyout stakes into tradable blockchain tokens. If mainstream firms adopt this model, the $700 billion private-equity boom could evolve into a digital-asset phenomenon.
For crypto investors, these developments highlight how Wall Street and Web3 are slowly converging, each seeking greater liquidity, transparency, and accessibility in traditionally opaque markets.

