TechFlow News, February 17: According to The Block, the total market value of Ethereum-based tokenized real-world assets (RWAs) has surpassed $17 billion—nearly a 315% increase from approximately $4.1 billion year-on-year. Ethereum currently accounts for roughly 34% of the cross-chain RWA total value, reinforcing its position as the leading blockchain for tokenized finance.
Traditional financial institutions such as BlackRock and JPMorgan are channeling capital into blockchain. BlackRock’s tokenized U.S. Treasury fund, BUIDL, has become the flagship product in this category; this month, it also enabled direct on-chain trading via UniswapX through partnerships with Securitize and Uniswap Labs. In December last year, JPMorgan launched its first tokenized money market fund on Ethereum, with an initial capitalization of $100 million.
Standard Chartered estimates that the tokenized RWA market could reach $2 trillion by 2028, with the majority issued on Ethereum.
