Ethereum Holds 61.4% of Tokenized Asset Market as Onchain Value Climbs to $206.2 Billion

• Ethereum now accounts for 61.4% of the global tokenized asset market.
• The network hosts $206.2 billion in tokenized assets, up more than 40% from the same period last year.

Ethereum has tightened its grip on one of crypto’s most closely watched growth areas. New data shows the network now hosts 61.4% of all tokenized assets, with $206.2 billion worth of tokenized value settled onchain. That is a large number on its own, but the year-on-year move matters just as much. Compared with the same period last year, the market value of tokenized assets on Ethereum has increased by more than 40%, a sign that tokenization is moving further into the financial mainstream, even if the pace still varies across sectors. Ethereum remains the default rail for tokenized finance The tokenized asset category now covers a wider range of products than it did a year ago. Stablecoins still dominate much of the volume, but tokenized funds, equities and commodities are increasingly part of the same conversation. Ethereum, for now, remains the main settlement layer for that activity. That lead is not just about brand recognition. Institutions and developers tend to prefer deep liquidity, familiar infrastructure and tested smart contract standards when real-world assets are brought onchain. Ethereum still offers that combination more consistently than most rival networks. The result is a market where other chains are participating, but Ethereum continues to act as the primary venue when tokenized assets scale beyond the experimental phase. Tokenization growth shifts from narrative to numbers There has been a tendency in crypto to talk about tokenization as a future theme. The latest figures suggest it is already a live market with meaningful size. A network hosting more than $200 billion in tokenized assets is no longer operating on promise alone. What stands out, maybe more than the headline share, is the direction of travel. Ethereum’s tokenized asset base has not only grown in absolute terms. It has done so while maintaining a dominant share of the broader market. In crypto, that usually tells you something simple. Capital is not just testing the rails anymore. It is starting to use them.