Ethereum Accounted for $21.8B of $46.3B Tokenized Real-World Asset Market

Ethereum held $21.8 billion in tokenized real-world assets out of a $46.3 billion market, putting it well ahead of the next-largest networks. BNB Chain followed at $6.1 billion, while Solana and Stellar each recorded $3.6 billion. The market's total value had grown 920% over three years. Tokenized real-world assets (RWAs) are digital tokens on blockchains that represent assets such as commodities, securities, funds and real estate. That format can support faster settlement, continuous trading and smaller ownership units. Tokenized U.S. government bonds have supported much of Ethereum's broader RWA value.