Tokenized assets reached a record 270 billion USD as organizations standardized on Ethereum.

The tokenized asset market is quietly reaching a new milestone, as the total assets under management (AUM) skyrockets to a record high.

This growth indicates that Ethereum's infrastructure is increasingly becoming the preferred payment layer for stablecoins and tokenized products at the institutional level.

Tokenization Achieves Unprecedented Scale

According to Token Terminal, the total AUM of tokenized assets is currently around 270 billion USD, the highest it has ever been.

These assets range from currencies, commodities, government bonds, private credit, private equity funds to venture capital. The main driver comes from financial institutions gradually shifting to using blockchain to optimize efficiency and enhance accessibility.

Ethereum currently accounts for about 55% of the total AUM of tokenized assets, thanks to its smart contract ecosystem and widely adopted token standards.

The largest assets include USDT (Ethereum), USDC (Ethereum), and BlackRock's BUIDL fund, all built on the ERC-20 standard. At the same time, specialized standards like ERC-3643 are also paving the way for the tokenization of real assets (RWA) such as real estate and art.

With a scale reaching 270 billion USD, many experts forecast that the tokenization market could grow to thousands of billions of USD, as Ethereum continues to solidify its position as the "backbone" of the tokenized finance.

The financial giants quietly choose Ethereum

One of the clearest evidence is the rise of PayPal's PYUSD stablecoin, which has now surpassed 1 billion USD in supply – and all of it is issued on Ethereum.

For organizations, the rapid development of PYUSD demonstrates that the infrastructure of Ethereum is liquid, secure, and reliable enough for a global fintech "giant" to deploy on a large scale.

Not only PayPal, but traditional asset managers are also gradually betting on Ethereum. BlackRock's tokenized money market fund BUIDL is seen as an important milestone, proving that traditional financial products can be issued and managed directly on the blockchain.

Ethereum maintains its advantage due to network effects and a strong development community. The ERC-20 standard has become the "common language" for digital assets, ensuring compatibility across wallets, exchanges, and DeFi protocols.

Along with that, upgrades such as Proof-of-Stake (PoS) and rollups enhance security, liquidity, and scalability, reinforcing trust for organizations.

Ethereum demonstrates flexibility by meeting both retail and institutional demands: stablecoins like USDT and USDC support global payments and provide liquidity for DeFi, while products such as tokenized government bonds and credit instruments attract institutional investment portfolios.

Despite the enormous potential of tokenization, analysts are still issuing warnings: Ethereum is facing the second major sell-off wave in the altcoin market, despite the fact that 98% of the ETH supply is currently in profit.

Thạch Sanh