Tokenized assets on public blockchains just hit a record high of around $270B, based on fresh data from August 17–18. This includes digital versions of currencies, commodities, U.S. Treasuries, private credit, equity, and VC stakes—showing how fast traditional finance is moving onto blockchain.
Stablecoins in USD lead the pack, with Tether’s USDT on Tron as the biggest single asset. Most of the top 20 tokenized assets live on Ethereum (11), followed by Solana (2), and others like Tron, Base, Arbitrum, and Avalanche hosting one each.
Meanwhile, Avalanche is heating up—on-chain activity more than doubled in the past month, hitting 1.3M daily transactions, as demand for tokenization infrastructure grows.
