Tokenized asset market tops $43B as institutions accelerate blockchain adoption
Tokenized real-world assets are growing quickly despite weak crypto markets. Token Terminal says onchain financial assets have surpassed $43 billion, up about 37% in 180 days, though this is higher than other trackers because it counts a broader set of tokenized assets. Tokenized funds dominate with nearly 80% of market value, followed by commodities and tokenized stocks. Ethereum still leads hosting 57.8% of tokenized asset value, but activity is expanding to BNB Chain, zkSync Era, XRP Ledger, and Stellar. Sky is the largest issuer, ahead of Securitize and Ondo Finance. Mainstream financial institutions are increasingly bullish on tokenization. Standard Chartered and Citi both project major growth by 2030, with Citi estimating a $5.5 trillion base case and up to $8.2 trillion in a bull case. The market is moving beyond Treasurys toward a more diversified mix, including private credit and tokenized equities, while stablecoins are expected to remain a major growth driver.
