Catenaa, Tuesday, February 24, 2026-Ethereum’s tokenized real-world asset market surpassed $17 billion in value on its mainnet, marking a 315% increase from $4.1 billion a year ago, according to The Block’s data.
The network accounts for roughly 34% of total onchain real-world asset (RWA) value across blockchains, with stablecoins on Ethereum exceeding $175 billion in aggregate market capitalization. The growth underscores Ethereum’s role as a primary settlement layer for tokenized dollar-denominated assets.
Institutional adoption is driving the surge. BlackRock’s tokenized Treasury fund, BUIDL, launched in 2024 through Securitize, has become the largest tokenized money-market product on public blockchain infrastructure. The fund recently added direct onchain trading through UniswapX, in collaboration with Uniswap Labs. JPMorgan has also entered the space, launching a tokenized money-market fund seeded with $100 million for qualified investors in December 2025.
Beyond Treasuries, tokenized commodities are expanding. Wintermute recently introduced institutional trading for tokenized gold, with the market for tokenized commodities projected to reach $15 billion in 2026, contributing more than $5 billion to Ethereum’s RWA footprint.
Analysts and investors expect continued expansion of Ethereum-based tokenized finance. Standard Chartered estimates that tokenized real-world assets could reach $2 trillion by 2028, mostly issued on Ethereum, while ARK Invest projects tokenized assets could grow to $11 trillion by 2030.
The surge in Ethereum-based RWAs highlights accelerating interest from traditional financial institutions in blockchain-native versions of conventional financial instruments, reinforcing Ethereum’s leading position in the tokenized finance sector.
