$340 Billion in Real-World Assets Now Held Onchain
Chainlink has announced that over $340 billion in real-world assets are now held on blockchain networks. This figure represents the growing scale of asset tokenization across blockchain-based systems, according to Chainlink.
Tokenization allows traditional assets to be represented digitally on blockchain networks, enabling the issuance, transfer, and tracking of tokenized claims while providing a shared record of transactions.
The $340 billion figure does not specify which blockchain networks or asset categories are included in this total. However, it underscores the increasing attention being given to bringing traditional assets into blockchain-based systems.