Tokenized Assets Hit New High on Public Blockchains: Ethereum Leads the Pack

The tokenized real-world asset market has grown to $38.17 billion on public blockchains as of August 9, 2026, representing a 540% increase from January 2025.

Ethereum dominates the market with approximately 53% share of tokenized RWA value, thanks to its established smart contract infrastructure and deep DeFi liquidity.

BlackRock's BUIDL fund, one of the largest tokenized Treasury products, launched on Ethereum in March 2024 and held around $2.68 billion in assets across all chains as of August 9, 2026.

Avalanche has emerged as a major competitor to Ethereum with its high-speed settlement capabilities and subnet architecture that allows institutions to create customized blockchain environments.