a16z: Ethereum still dominates the tokenized asset space, but a multi-chain landscape has already formed
By: rootdata|2026/05/27 20:45:01
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a16z stated on social media that Ethereum continues to lead in the field of tokenized assets, consistent with its first-mover advantage in DeFi and institutional adoption. The current scale of tokenized assets on major blockchains is as follows:
Ethereum: $15.7 billion
BNB Chain: $4 billion
Solana: $2.2 billion
Stellar: $1.7 billion
Liquid Network: $1.5 billion
XRP Ledger, ZKsync Era, Arbitrum: approximately $1 billion each
a16z indicated that tokenized assets are not concentrated on a single blockchain but are spreading across multiple blockchain ecosystems based on standards such as cost, liquidity, compliance requirements, and market entry relationships, forming a multi-chain coexistence pattern.
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