Ethereum continues to strengthen its position in the real-world asset tokenization market, increasing the total value of assets under management by 10% over the past 30 days.
Growth in Tokenized Asset Market
According to RWA.xyz data, the total number of real-world asset (RWA) tokens issued on the Ethereum network has grown to 163. Ethereum's market share in real-world asset tokenization increased to 54.5%, nearly quadrupling the next closest competitor.
Key Players and Institutional Adoption
Christine Kim from Galaxy Digital noted that major financial institutions such as Deutsche Bank and PayPal are actively developing crypto-specific applications on Ethereum. Companies are also increasingly issuing stablecoins, including PayPal's PYUSD.
Blockchain Competition
Other blockchains like zkSync Era and Stellar play a smaller role in the tokenized asset market but are striving to strengthen their positions through strategic partnerships and integrations.
Ethereum remains the preferred blockchain for real-world asset tokenization, providing high levels of security and seamless collaboration with institutional players.
