Ethereum’s tokenized RWA market jumps more than 300% year over year as value tops $17 billion
Summary
Ethereum's tokenized real-world asset (RWA) market has surpassed $17 billion in value issued on its mainnet, marking a nearly 315% increase from $4.1 billion a year ago. This growth solidifies Ethereum's leading position, accounting for about 34% of total onchain RWA value across all networks. Major financial players like BlackRock and JPMorgan are driving this adoption by bringing traditional funds onchain; BlackRock's tokenized Treasury fund, BUIDL, is a flagship product that recently enabled direct trading via UniswapX. JPMorgan also launched its own tokenized money-market fund. Furthermore, activity is expanding beyond Treasuries, with Wintermute launching institutional trading for tokenized gold, a segment expected to grow significantly. These developments align with broader institutional projections, such as Standard Chartered's estimate that tokenized RWAs could reach $2 trillion by 2028.
(Source:The Block)