Tokenized assets hit $29B as Wall Street embraces blockchain revolution
The market for tokenized real-world assets has surged in recent years. By April 2026, its value reached $29.27 billion—up from just $1.5 billion in early 2023. This rapid growth reflects wider adoption by major financial institutions and new use cases on public blockchains. Tokenized US Treasuries have seen one of the sharpest rises. Their market value climbed from $380 million in early 2023 to $13.4 billion by April 2026. Meanwhile, tokenized equities crossed $960 million, and commodities—mostly gold—reached $7.3 billion. Yield-bearing on-chain dollar instruments added another $8 billion to the total.
Over forty leading financial firms now issue tokenized products on public blockchains. BlackRock’s BUIDL fund, for example, integrated with Uniswap in the first quarter of 2026. Galaxy Digital’s tokenized GLXY shares also became available as collateral on Solana’s largest lending protocol during the same period. In another milestone, the DTCC, Euroclear, Tradeweb, Citadel Securities, and Société Générale completed the first cross-border intraday repo using tokenized UK gilts. This transaction took place on the Canton Network in early 2026. Industry analysts now project the tokenized real-world asset market to hit $100 billion by the end of the year.
The expansion of tokenized assets has drawn in traditional finance giants and decentralised platforms alike. With growing liquidity and institutional participation, these instruments are becoming a standard part of global markets. The trend suggests further integration between blockchain technology and mainstream financial systems.
