BlackRock Leads RWA Tokenization Market Surpassing $129 Billion TVL

The growing RWA tokenization market indicates substantial institutional involvement, impacting liquidity and asset diversity across blockchain networks.

The RWA tokenization arena has reached new heights with a TVL surpassing $129 billion. BlackRock’s leadership, along with contributions from Franklin Templeton, MakerDAO, and Ondo Finance, highlights increased institutional commitment in this sector. BlackRock’s BUIDL protocol, with $2.83 billion in TVL across six chains, further cements its dominance. Concurrently, Franklin Templeton’s Benji and Ondo Finance strengthen their roles in tokenized assets with robust TVL metrics.

Larry Fink, CEO, BlackRock, stated, “Our BUIDL protocol has reached $2.83 billion in TVL, showcasing the growing institutional adoption of RWA tokenization.”

The ongoing surge has had significant effects on related markets, notably stablecoins and tokenized assets like gold. Platforms, including BlackRock, report expanding multi-chain operations amid rising demand for tokenized treasuries and synthetic assets. The influx of institutional funds, accounting for 60% of the market, has bolstered TVL growth across major protocols. The regulatory environment remains stable, with US and Hong Kong regulators supporting asset tokenization ventures.

Potential outcomes include increased use of tokenized products, influencing liquidity across DeFi platforms. Historical trends suggest continued growth in TVL metrics, paralleling DeFi’s previous expansion patterns in collateralized assets.