Tokenized Assets Cross $43 Billion as Wall Street Goes Deeper Onchain

Tokenized financial assets have crossed $43 billion, according to a new Token Terminal market read covered by Cointelegraph on June 16, 2026.

That total is up 37% over the past six months.

The mix has shifted past treasury-fund pilots into a real on-chain market, and Ethereum still hosts most of it.

Ethereum’s share came in at 57.8% of all tokenized value in the breakdown.

BREAKING: Total RWA market cap surpasses $43 billion, led by @ethereum with 57.8% market share. pic.twitter.com/s16sSw3mEr

— Token Terminal 📊 (@tokenterminal) June 15, 2026

Cointelegraph put Token Terminal’s wider tokenized-asset count in market context.

The headline figure is more than $43 billion in tokenized financial assets, up 37% over the prior six months.

NEW: Standard Chartered initiates coverage of Uniswap.

The bank forecasts UNI will rise from roughly $2.50 today to $100 by 2030 , a 40x increase.

The thesis: tokenized assets active in DeFi grow 37x this decade, and Uniswap becomes a core piece of trading infrastructure for… pic.twitter.com/LWEc3XBXxA

— Frank Chaparro (@fintechfrank) June 15, 2026

That figure is larger than RWA.xyz’s sub-$33 billion count because Token Terminal uses a wider methodology.

Tokenized funds still dominate the sector at nearly 80% of the tracked market, while commodities account for 16.6% and tokenized stocks account for 3.8%.

Ethereum remains the largest host chain in the data at 57.8% of total tokenized value.

The next layer of the chart shows the market spreading out: BNB Chain at 8.5%, zkSync Era at 7.5%, XRP Ledger at 5.8%, and Stellar at 5.4%.

The issuer list also shows concentration. Sky leads with $6.1 billion, while Securitize and Ondo Finance sit around $3.6 billion each.

The June 17 market snapshot kept Ethereum, BNB, XRP, USDC, Solana, TRON, and Hyperliquid inside the top crypto-asset conversation.

That matters because this story is not about a tiny issuer on an isolated network.

The chains named in the Token Terminal breakdown overlap with major-asset ecosystems that already have liquidity, exchange coverage, and institutional attention.

the site’s angle is therefore market infrastructure: tokenization is increasingly becoming a contest between major settlement networks and the companies that issue assets on them.

Citi shows why Wall Street keeps watching the tokenization market.

Citi’s 2030 tokenization report projected $5.5 trillion in tokenized value in its base case and $8.2 trillion in a bull case.

The bank’s thesis depends on tokenization moving into core capital-markets functions instead of staying limited to one-off experiments.

Citi pointed to market-structure catalysts such as DTCC, NYSE, Nasdaq, stablecoins, tokenized deposits, and clearer regulation.

That matters for this story because the current $43 billion market is still small compared with the capital-markets total Citi is modeling.

The gap between today’s market and Citi’s 2030 estimate is the reason every chain, issuer, exchange, and custodian is trying to own a piece of the issuance stack.

Token Terminal provided the chart at the center of the market-size debate.

The Token Terminal chart is useful because it breaks the tokenized-asset market into asset classes and host chains.

The chart’s wider total is part of the story, because RWA totals can change significantly depending on what a tracker includes.

For investors and builders, that means the exact dollar figure is less important than the direction: more assets, more issuers, and more chains are entering the sector.

The market is still heavily fund-driven, but tokenized equities and commodities are now visible enough to separate from the old treasury-only narrative.

CoinGecko keeps the chain context tied to major assets.

The June 17 market snapshot kept Ethereum, BNB, XRP, USDC, Solana, TRON, and Hyperliquid inside the top crypto-asset conversation.

That matters because this story is not about a tiny issuer on an isolated network.

The chains named in the Token Terminal breakdown overlap with major-asset ecosystems that already have liquidity, exchange coverage, and institutional attention.

PCN’s angle is therefore market infrastructure: tokenization is increasingly becoming a contest between major settlement networks and the companies that issue assets on them.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.