Tokenized Asset Market Grows 589% Since Early 2025

The market for tokenized real-world assets has surged by 589 percent since early 2025, according to a new report, establishing the sector as a major growth area even as broader cryptocurrency markets face headwinds. The expansion, detailed in Binance Research's latest Monthly Market Insights, is being driven by institutional adoption across a diversifying range of asset classes, from government bonds to private company shares.

In dollar terms, tokenized bonds and money market funds led the influx, adding approximately $6.5 billion in value, an increase of 83 percent. These dollar-denominated, yield-bearing instruments have become a cornerstone of the market, offering investors near-instant settlement and fractional ownership. Major financial firms, including BlackRock and Fidelity, have been significant contributors, with products like BlackRock's BUIDL fund seeing substantial uptake.

The fastest-growing segment, however, was tokenized public equities, which saw a 422 percent jump in market value. Platforms enabling blockchain-based access to traditional stocks and exchange-traded funds fueled this growth. Ondo Global Markets, which offers tokenized stocks and ETFs, surpassed $1...