Ethereum’s tokenized real-world asset market has topped $17 billion in value issued on its mainnet, according to The Block’s data, as large players like BlackRock and JPMorgan continue bringing traditional funds onchain.
The figure represents a nearly 315% increase from a year earlier, when the sector was worth $4.1 billion, and reinforces Ethereum’s dominance as the leading blockchain for tokenized finance. Ethereum currently accounts for approximately 34% of total onchain RWA value across all networks. Stablecoins on Ethereum mainnet have also climbed above $175 billion in aggregate market capitalization, underscoring the network’s role as the primary settlement layer for tokenized dollar-denominated assets.
RWA boom
The growth highlights an accelerating shift by traditional financial institutions toward blockchain-based versions of familiar products. Wall Street incumbents, including BlackRock and JPMorgan, are building blockchain-native payments, savings, and investment instruments on Ethereum.
BlackRock’s tokenized Treasury fund, BUIDL, has emerged as the flagship product in the category. Launched in 2024 via Securitize, the fund invests in short-term U.S. government securities and has grown to become the largest tokenized money-market vehicle on public blockchain infrastructure.
Earlier this month, BlackRock expanded BUIDL’s utility by enabling direct onchain trading through UniswapX in collaboration with Securitize and Uniswap Labs, marking one of the clearest intersections yet between institutional capital and decentralized finance.
JPMorgan has also entered the arena. In December, the bank launched its first tokenized money-market fund on Ethereum, seeding it with $100 million and targeting qualified investors. The move builds on the firm’s broader blockchain strategy and signals that tokenized yield products are gaining traction beyond crypto-native issuers.
Recent market activity suggests the momentum is not confined to Treasuries alone. This week, Wintermute launched institutional trading for tokenized gold, forecasting that the tokenized commodities segment could reach $15 billion in 2026. Commodities already represent more than $5 billion of Ethereum’s RWA footprint.
The surge in Ethereum-based RWAs also aligns with broader projections from major financial institutions. Standard Chartered has previously estimated that tokenized real-world assets could reach $2 trillion by 2028, with the vast majority issued on Ethereum. ARK Invest has projected that tokenized assets could climb to roughly $11 trillion by 2030 from current levels.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
