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Tokenized asset market tops $43 billion as institutions accelerate blockchain adoption

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Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market broadens beyond funds and private credit, according to Token Terminal.

Key facts

Summary

The market for tokenized real-world assets (RWAs) continues to expand despite broader weakness in crypto markets, with the value of onchain financial assets climbing 37% over the past six months as traditional financial products migrate onto blockchain rails. According to Token Terminal, tokenized assets now exceed $43 billion in market value, a larger figure than those reported by other industry trackers, most notably RWA.xyz, which values the combined RWA market at less than $33 billion. Tokenized funds dominate the sector, accounting for nearly 80% of total market capitalization. Ethereum remains the leading blockchain for tokenized assets, hosting 57.8% of total value.

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