#Ethereum

267 articles tagged #Ethereum — curated RWA tokenization coverage.

Ondo hits $4 billion TVL on tokenized stock growth
U.S. Treasuries

Ondo hits $4 billion TVL on tokenized stock growth

Ondo Finance has reached a significant milestone by surpassing $4 billion in total value locked (TVL) across its suite of tokenized financial products. The platform currently leads the market in tokenized U.S. Treasuries with $3 billion in holdings, while its newer offerings in tokenized stocks and ETFs have scaled to $1.3 billion. This growth highlights a shift in the RWA sector, where tokenized equities now account for 93% of onchain trading volume despite representing only 8% of the total $34.5 billion market. By utilizing a request-for-quote system to bridge traditional exchange liquidity with blockchain networks like Ethereum, Solana, and BNB Chain, Ondo is addressing concerns regarding market fragmentation. The International Monetary Fund recently recognized Ondo as a top-tier tokenization platform in its Global Financial Stability Report, emphasizing the need for regulatory clarity as the industry matures. This expansion demonstrates the increasing viability of onchain assets as a bridge to traditional financial liquidity. The milestone underscores the broader institutional trend of moving real-world assets onto distributed ledgers to improve accessibility and trading efficiency.

thestreet.com·Oct 14, 20268.0
Federated Hermes plans its first onchain fund shares
U.S. Treasuries

Federated Hermes plans its first onchain fund shares

Federated Hermes, a $912 billion asset manager, is developing plans to issue fully onchain share classes for its money market funds. Unlike current beneficial ownership models, these shares would be recorded directly on a blockchain, eliminating the need for traditional ledger-based digital twins. The firm, which manages $676.9 billion in money market assets, is currently navigating the evolution of digital transfer agency models required to support this transition. Kevin Barr, appointed as Director of Digital Assets in May 2026, is leading the strategy to integrate these capabilities. The company has already established a foundation through its Digital Treasury Fund (OFFXX) and partnerships with Archax and Conduit Digital Holdings. These initiatives provide tokenized access to funds across Ethereum and Solana, serving as a testing ground for future onchain share issuance. While the roadmap is clear, the firm notes that full implementation remains dependent on maturing regulatory frameworks and operational infrastructure. This shift represents a significant institutional push to allow investors to hold money market exposure within the same digital environments as their other onchain assets.

cryptobriefing.com·Oct 13, 20268.0
Franklin Templeton’s tokenized high yield bond ETF lands on Pendle as FLHYon
Active Strategies

Franklin Templeton’s tokenized high yield bond ETF lands on Pendle as FLHYon

Ondo Finance has expanded the utility of its tokenized Franklin Templeton high-yield corporate bond ETF, FLHYon, by launching a dedicated market on the yield-trading protocol Pendle. This integration allows investors to trade the future income streams of the tokenized junk bond fund with a fixed maturity date set for 2026. FLHYon, which operates on the Ethereum blockchain, provides economic exposure to the underlying Franklin Templeton ETF through an offshore structure managed by Ondo Global Markets. As of October 2026, the tokenized asset reached a circulating supply of approximately 20,558 units with an on-chain value of roughly $497,000. The expansion follows a broader strategic partnership between Franklin Templeton and Ondo, which aims to bring five different ETFs onto the blockchain. Beyond Pendle, the token has also gained utility as collateral on the lending platform Morpho, supported by Chainlink price oracles. While this development enhances the financial engineering possibilities for RWA holders, the market remains relatively small and carries inherent risks including credit exposure, oracle reliance, and smart contract vulnerabilities. This move signifies a growing trend of layering decentralized finance protocols on top of institutional-grade tokenized securities to increase capital efficiency.

cryptobriefing.com·Oct 13, 20267.5
JPMorgan’s Tokenized Funds Hold $844M on Ethereum as
News

JPMorgan’s Tokenized Funds Hold $844M on Ethereum as

JPMorgan has successfully scaled its tokenized money market fund offerings on the Ethereum blockchain, reaching a combined total of $844 million in assets under management as of October 11. The portfolio consists of $741 million held in the JLTXX fund and $103 million in the MONY fund. The JLTXX fund has experienced rapid growth since its launch in May, when it debuted with an initial $200 million. This accumulation highlights a significant shift in institutional investment dynamics, demonstrating growing confidence in Ethereum as a viable infrastructure for traditional financial instruments. While broader Ethereum market activity has faced periods of thin trading volume, these substantial institutional holdings suggest a long-term commitment to the platform's utility. The success of these funds serves as a bellwether for institutional adoption, potentially encouraging further participation from other major financial players. By leveraging blockchain for money market funds, JPMorgan is positioning itself at the forefront of the transition toward tokenized financial products.

coinfomania.com·Oct 12, 20268.0
Tokenized Stocks Approach $3.9 Billion as BNB Chain, Ethereum and Solana Dominate Market
Stocks

Tokenized Stocks Approach $3.9 Billion as BNB Chain, Ethereum and Solana Dominate Market

The market for tokenized stocks and ETFs has surged to approximately $3.9 billion, marking a fivefold increase from the $719 million valuation recorded in January 2026. BNB Chain, Ethereum, and Solana have emerged as the dominant infrastructure providers, collectively capturing roughly 74% of the total market share. BNB Chain has seen the most significant growth, rising from a 13% market share at the start of the year to lead with $1.2 billion in tokenized assets by October. This expansion is further evidenced by Securitize’s recent launch of 12 tokenized U.S. equities on the Solana blockchain, including major names like Apple and Nvidia. While these figures highlight rapid adoption, the sector remains fragmented due to varying legal structures, ranging from direct share-backed securities to derivative-based exposure. The growth of this asset class is driven by the potential for improved settlement efficiency and 24/7 trading availability compared to traditional equity markets. However, the market remains in a nascent stage, with total valuations sensitive to the specific methodologies used by analytics providers like Token Terminal and RWA.xyz. Ultimately, the sector's long-term viability depends on navigating complex regulatory requirements, custody standards, and the integration of programmable financial infrastructure.

financefeeds.com·Oct 12, 20267.5
BNB Chain Surpasses Ethereum as Largest by Tokenized Stock
Stocks

BNB Chain Surpasses Ethereum as Largest by Tokenized Stock

BNB Chain has officially overtaken Ethereum in the tokenized stock market sector, securing a $280.1 million lead as of September 30. According to data from Token Terminal, BNB Chain now commands a 30% share of the total tokenized stock market capitalization. This shift marks a significant change in the competitive landscape, as Ethereum has historically maintained dominance in smart contract-based asset tokenization. The growth in BNB Chain's market cap reflects rising investor confidence and a potential pivot in institutional and retail investment strategies toward the Binance ecosystem. While current trading volumes remain consolidated, the increased market cap suggests that participants are closely monitoring BNB Chain's performance relative to Ethereum. This development forces a reevaluation of blockchain utility for real-world asset deployment, as BNB Chain gains traction in sectors previously dominated by its rival. The coming weeks will be critical to observe whether Ethereum introduces new innovations to reclaim its market position or if BNB Chain continues to expand its lead.

coinfomania.com·Oct 11, 20267.5
Tokenized commodities eye next phase of growth as gold, silver and oil move onchain
Commodities

Tokenized commodities eye next phase of growth as gold, silver and oil move onchain

The tokenized commodities market is evolving beyond gold-backed assets to include industrial metals and energy, reaching a market capitalization of $5.55 billion by March 2026. While gold-backed tokens from Paxos and Tether currently represent nearly 90% of this sector, firms like Theo and Energy Substantiation are introducing new products for silver and oil. These platforms aim to democratize access to commodity financing, allowing investors to earn yield through lending and leasing arrangements that were previously restricted to large institutions. Paxos is leveraging its PAXGy token to allow holders to increase gold exposure through lending, while Theo’s thSLVR product distributes income from institutional silver leases. Energy Substantiation has expanded its WTI crude oil token, WTIC, to the Solana blockchain to facilitate inventory financing and hedging for energy market participants. This shift toward productive, yield-bearing assets is expected to drive the market toward a projected $100 billion valuation within a decade. The growth of this sector depends on integrating blockchain tokens with reliable physical supply chains, custody solutions, and established commodity settlement markets.

coindesk.com·Oct 10, 20267.5
Ethereum Gains Attention As On-Chain Activity Supports ETH Price Outlook
Infrastructure

Ethereum Gains Attention As On-Chain Activity Supports ETH Price Outlook

The tokenized funds market has reached a total market capitalization of $35 billion, marking significant growth over the last three years. Ethereum currently dominates this sector with $16.8 billion in issued tokenized funds, significantly outpacing competitors like BNB Chain at $4.4 billion and Stellar at $3.5 billion. This data highlights Ethereum's role as the primary infrastructure for blockchain-based financial products, which aim to modernize ownership records and asset transfers. While this on-chain activity demonstrates institutional adoption, analysts note that it does not directly correlate with short-term price appreciation for the native ETH token. Market participants are currently balancing these long-term fundamental developments against technical price corrections and Ethereum's performance relative to Bitcoin. The expansion of tokenized assets on Ethereum provides a foundation for sustained network usage, though the network faces ongoing competition from other chains. Ultimately, the long-term value for the ecosystem depends on whether these financial products generate consistent demand for network resources.

tronweekly.com·Oct 9, 20267.5
Tokenized Commodity Adoption Accelerates as Holders Climb Past 450K
Commodities

Tokenized Commodity Adoption Accelerates as Holders Climb Past 450K

The tokenized commodity sector has experienced explosive growth, with the number of unique wallet holders surging from 126,000 to over 452,931 within the past year. Data from rwa.xyz reveals that 200,000 of these holders were added in just the last few weeks, signaling a rapid acceleration in retail adoption. Tether Gold (XAUT) has emerged as a market leader with 143,973 holders, significantly outpacing Paxos Gold and Matrixdock Gold. While Ethereum continues to dominate the sector's $5.16 billion market cap with a 95% share, newer retail-focused chains like BNB Chain, Solana, and the Robinhood chain are capturing a larger portion of the user base. Tokenized ETFs and stocks from providers like Ondo and Robinhood have seen their share of total holders jump from 8% to 23% since August. This shift highlights a bifurcation in the market where high-value institutional positions remain on Ethereum, while smaller retail accounts gravitate toward cheaper, more accessible networks. The rapid expansion of these assets demonstrates a maturing RWA ecosystem that is increasingly integrating traditional financial instruments with blockchain infrastructure.

cryptopolitan.com·Oct 9, 20267.5
Tokenised funds: from experimentation to production
Infrastructure

Tokenised funds: from experimentation to production

BNP Paribas is transitioning from experimental blockchain pilots to the production-level issuance of tokenized money market funds. The firm has systematically evolved its capabilities since 2021, moving from initial digital bond investments to live fund tokenization on both private and public blockchains. Key milestones include successful issuances on Allfunds' private blockchain in Luxembourg and a February 2026 issuance on the public Ethereum blockchain via the AssetFoundry platform. BNP Paribas Securities Services now provides comprehensive support as a transfer agent, fund dealing service provider, and depositary bank to bridge traditional and digital asset workflows. By managing ownership registers on-chain and facilitating access for non-DLT-equipped investors, the firm aims to streamline distribution channels. This shift signifies a broader institutional commitment to a dual-model future where tokenized and traditional assets coexist within a unified service infrastructure. The focus is now on scaling these operations and onboarding new clients to leverage the efficiency of instant NAV-based settlement.

securities.cib.bnpparibas·Oct 8, 20268.5
Tokenized Assets Surge, Ethereum Issues $16.8B in Funds
Infrastructure

Tokenized Assets Surge, Ethereum Issues $16.8B in Funds

The tokenized fund market has reached a significant milestone, with its total market capitalization now exceeding $35 billion. Ethereum has emerged as the dominant blockchain in this sector, accounting for $16.8 billion in issued tokenized assets. This growth highlights a broader trend of traditional financial products being integrated into blockchain ecosystems to enable fractional ownership. Alongside Ethereum, BNB Chain and Stellar are actively contributing to the competitive landscape of tokenized finance. The rapid expansion of these assets over the past three years signals a fundamental shift in how investment strategies are being executed on-chain. As institutional interest grows, Ethereum's leadership position may set the standard for future operational frameworks and industry adoption. However, the sector remains subject to evolving regulatory scrutiny and potential market corrections that could impact its long-term trajectory. This surge underscores the increasing intersection between traditional finance and decentralized infrastructure, marking a new frontier for global capital markets.

coinfomania.com·Oct 8, 20267.5
Stellar’s tokenized US T-bills add $96.2 million in a single week
U.S. Treasuries

Stellar’s tokenized US T-bills add $96.2 million in a single week

The Stellar network has experienced significant growth in its real-world asset ecosystem, with the market capitalization of tokenized U.S. Treasury bills increasing by $96.2 million in a single week. As of early October 2026, the total value of distributed real-world assets on Stellar reached approximately $3.47 billion, marking a substantial rise from $500 million in early 2025. Data from the RWA Foundation and Token Terminal highlights that while Stellar is seeing strong momentum, Ethereum remains the leader in total Treasury token volume and outperformed Stellar's weekly growth by adding $93.2 million. Major financial institutions are driving this expansion, with J.P. Morgan and Franklin Templeton contributing $81.4 million and $72.6 million in growth respectively. Franklin Templeton’s BENJI product, which launched on Stellar in 2021, continues to serve as a foundational asset for the network. This trend underscores the increasing institutional adoption of blockchain for managing short-term government debt instruments. However, analysts caution that weekly figures can be volatile due to fund rebalancing and shifts between competing blockchain networks.

cryptobriefing.com·Oct 6, 20267.5
Spiko raises $90M to take on BlackRock in tokenized cash funds
U.S. Treasuries

Spiko raises $90M to take on BlackRock in tokenized cash funds

Paris-based fintech Spiko has successfully closed a $90 million Series B funding round led by New Enterprise Associates, bringing its total capital raised since 2023 to approximately $120 million. The company, which specializes in tokenized money market funds, reported assets under management of $2.6–2.7 billion as of late September 2026. This rapid growth, having reached $1 billion in February 2026 and $2 billion by July 2026, establishes Spiko as a leading tokenized fund issuer in Europe. The firm utilizes public blockchains like Stellar and Ethereum to offer daily interest accrual and faster settlement for its UCITS-compliant funds. By targeting the cash yield gap between Europe and the U.S., Spiko aims to provide SMEs with efficient treasury tools that compete directly with institutional giants like BlackRock. The funding round also attracted notable traditional finance figures, including former Bundesbank president Axel Weber, signaling increased institutional confidence in blockchain-native financial products. Furthermore, a new partnership with Fipto enables direct investment into Spiko funds using stablecoins such as EURC and USDC, bridging the gap between crypto liquidity and traditional sovereign debt instruments.

cryptobriefing.com·Oct 6, 20268.5
Qupital Unveils World’s First AI-Driven On-Chain E-Commerce Lending Protocol, Accelerating Web3 Global Trade Finance
Credit (Private Credit)

Qupital Unveils World’s First AI-Driven On-Chain E-Commerce Lending Protocol, Accelerating Web3 Global Trade Finance

Hong Kong-based fintech firm Qupital has launched the world's first AI-driven on-chain e-commerce lending protocol on the Ethereum blockchain. By utilizing USDC for settlement and smart contracts for automated credit monitoring, the platform aims to bridge the US$2.5 trillion SME trade financing gap. The protocol integrates proprietary AI to monitor merchant sales performance in real-time, automatically intercepting cash flows via payment gateway APIs if metrics deviate from established parameters. This shift to on-chain operations replaces manual back-office processes with automated liquidity vaults, providing institutional lenders with real-time proof of reserves and auditability. Qupital, which has processed over US$9.5 billion in cumulative trade financing, has already established an active pipeline of US$100 million to be fulfilled through this new on-chain framework. This development marks a significant institutional move to integrate DeFi rails into global trade finance, enhancing capital efficiency and reducing operational friction for underserved digital merchants. The initiative underscores the growing trend of tokenizing real-world trade assets to provide 24/7 liquidity that traditional banking systems often struggle to deliver.

manilatimes.net·Oct 6, 20267.5
Base Unveils 26 New Tokenized Stocks
Stocks

Base Unveils 26 New Tokenized Stocks

Base, the Ethereum Layer 2 blockchain incubated by Coinbase, has officially expanded its ecosystem by launching 26 new tokenized stocks. This initiative allows users to trade fractional shares of prominent companies directly on-chain, marking a strategic effort to bridge traditional financial assets with decentralized infrastructure. By integrating these assets, Base aims to democratize access to investment opportunities and enhance platform versatility for both retail and institutional participants. The move is designed to drive increased trading volume and user engagement within the Base ecosystem as the broader market observes shifting momentum. This development reflects a growing industry trend of bringing real-world equities onto blockchain frameworks to provide greater portfolio diversification. While the broader crypto market currently exhibits mixed signals, the introduction of these tokenized instruments is intended to invigorate on-platform activity. The long-term impact of this expansion will depend on user adoption rates and the platform's ability to maintain liquidity for these new offerings.

cryptonews.net·Oct 5, 20266.5
Baillie Gifford brings tokenised fixed income fund to Singapore
Active Strategies

Baillie Gifford brings tokenised fixed income fund to Singapore

Baillie Gifford has expanded its tokenized short-duration bond strategy, the Baillie Gifford Enhanced Yield fund (BAGEY), to accredited investors in Singapore. The fund targets a yield of approximately 7% with an average duration of two years and a BBB credit quality rating. Initially launched in Hong Kong this past July, the fund utilizes public blockchain infrastructure to provide native onchain access to actively managed fixed income. The strategy is currently deployed on Ethereum, with plans to integrate Solana in the future to enhance interoperability. By leveraging blockchain, the firm aims to improve settlement speeds and transparency for professional investors. This move signals a broader institutional shift toward moving actively managed strategies onto digital ledgers beyond simple money-market funds. The expansion highlights Singapore's growing role as a hub for sophisticated, onchain-native investment products.

fundselectorasia.com·Oct 5, 20268.0
Fidelity explores wider access to its Ethereum tokenized money market fund
U.S. Treasuries

Fidelity explores wider access to its Ethereum tokenized money market fund

Fidelity is currently evaluating strategies to expand access to its Ethereum-based tokenized money market funds, which are currently restricted to professional and institutional investors. The asset manager is considering lowering eligibility barriers and introducing daily or intraday yield features to enhance the utility of its on-chain cash products. This initiative builds upon the existing Fidelity Digital Interest Token (FDIT) and the Fidelity USD Digital Liquidity Fund (FILQ), both of which represent the firm's strategic push into blockchain-based financial infrastructure. FDIT, launched in 2025, utilizes Ondo Finance’s OUSG to provide exposure to Treasury-focused assets, while FILQ operates as an ERC-20 token on Ethereum with a Moody’s Aaa-mf rating. By exploring broader distribution channels, Fidelity aims to capture a larger share of the rapidly growing tokenized liquidity market, which has recently surpassed $15 billion in total value. This shift is significant as it signals a potential transition from exclusive institutional pilots to more accessible on-chain financial products. As major players like BlackRock and JPMorgan continue to develop their own tokenized offerings, Fidelity’s move highlights the increasing importance of on-chain liquidity as foundational plumbing for the broader DeFi ecosystem.

cryptobriefing.com·Oct 2, 20268.0
Ethereum Price: 55% DeFi TVL Powers $32B to 100x RWA Boom
Infrastructure

Ethereum Price: 55% DeFi TVL Powers $32B to 100x RWA Boom

SharpLink Gaming CEO Joseph Chalom, a former BlackRock executive, argues that Ethereum is becoming the primary infrastructure for institutional tokenization due to its superior security, trust, and liquidity. While current tokenized real-world asset (RWA) market value is estimated at $32 billion, projections suggest this sector could grow 5 to 100 times its current size by 2030. Chalom emphasizes that institutions prioritize network stability and deep liquidity over low transaction fees, positioning Ethereum as the preferred settlement layer for large-scale financial operations. Ethereum currently hosts over 55% of total DeFi TVL and settles more than half of all stablecoin volume, creating a flywheel effect that attracts further institutional capital. The integration of Layer-2 solutions like Base, Arbitrum, and Optimism allows for cost-efficient scaling while maintaining the security finality of the Ethereum mainnet. This institutional shift is supported by the presence of major products like BlackRock’s BUIDL and Franklin Templeton’s tokenized funds on the network. Ultimately, the report suggests that Ethereum is positioned to capture 50% to 70% of the global tokenization market share as traditional finance continues to migrate clearing and settlement processes to public blockchains.

tronweekly.com·Oct 2, 20267.5

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