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Total Value of Tokenized Assets Reaches $346 Billion Across 47 Asset Types
The total value of on-chain tokenized assets has reached $346.1 billion, encompassing 47 distinct asset classes, according to a report published on September 12 by Token Terminal. This figure highlights the growing trend in traditional finance towards the tokenization of various forms of value on blockchain technology.
Stablecoins dominate this market, accounting for approximately $298.5 billion, or about 86.2% of the total tokenized assets. Excluding stablecoins, the remaining non-stablecoin tokenized assets amount to around $47.6 billion. Among these, U.S. Treasuries lead with a value of $15 billion, reflecting a surge in on-chain treasury products introduced by major asset managers in recent years. Other notable categories include yield strategies at $10.5 billion, credit funds at $6.4 billion, and gold at $5.1 billion, while tokenized stocks represent a smaller share at $2.4 billion.
The diversity of the 47 asset types indicates a significant evolution in the tokenization landscape, driven by increased listings, the entry of institutional products, and clearer regulatory frameworks in various jurisdictions. This expansion suggests a broader acceptance of blockchain technology in financial markets, as more entities recognize its potential for asset management and investment.
Source: KLEA News