🚀 Ethereum Shatters Records: Tokenized AUM Soars to Unprecedented Heights

The crypto renaissance hits hyperdrive as Ethereum-based asset management locks in historic gains—Wall Street's dinosaurs didn't see this coming.

DeFi eats traditional finance's lunch—again

Smart contracts now custody more value than ever, proving institutional money prefers transparent ledgers over backroom handshakes. Who needs a Bloomberg terminal when you've got immutable proof of reserves?

The new gold rush happens in code

Yield farmers and degens cheer while traditional asset managers scramble to explain why their 2% management fees still require three middlemen. Ethereum's programmable vaults don't take vacations—or cut corners.

As the suits finally realize blockchain isn't just for buying monkey jpegs, one question remains: How long until Vanguard starts calling it 'alternative asset tokenization' instead of 'that scary internet money'?

• Tokenized AUM on Ethereum hits $6 billion, driven by institutional interest.
• BlackRock leads, followed by Franklin Templeton, WisdomTree, Apollo, and Ondo Finance.
• Tokenized finance gains momentum, merging traditional finance with blockchain-powered efficiency.

Tokenized assets on ethereum have reached an all-time high, driven by growing interest from some of the world’s top financial institutions. According to data shared by Token Terminal on X (formerly Twitter), the total tokenized assets under management (AUM) on Ethereum now exceed $6 billion.

BlackRock Drives Institutional Surge in Asset Tokenization

BlackRock is leading this shift. The world’s largest asset manager has deployed more tokenized assets on Ethereum than any other firm. Close behind are Franklin Templeton, WisdomTree, Superstate, Apollo, and Ondo Finance.

Tokenization turns traditional financial assets into blockchain-based tokens. These tokens can be traded and settled faster, with fewer intermediaries. Ethereum’s smart contract infrastructure makes this possible, giving institutions a new way to manage portfolios with clarity and efficiency.

Source: X

The Token Terminal chart shows that adoption started slowly in mid-2023. Then, it began to pick up in early 2024, and by early 2025, growth exploded. The steep climb is mostly driven by BlackRock’s entry, as shown in the purple section of the stacked AUM chart.

Franklin Templeton, which tokenized parts of its US Government Money Fund, has also expanded its on-chain operations. WisdomTree launched blockchain-enabled funds accessible through mobile apps. Superstate and Apollo are contributing smaller but consistent amounts. Their combined presence now represents a meaningful share of Ethereum’s tokenized AUM.

Institutions Build Directly on Ethereum

Ondo Finance, which is known to deliver tokenized US Treasuries and other yielding products, has not been left behind. Its product appeals to cryptocurrency users who want to get exposure to the more traditional form of finance on-chain. The entry into this area in various sectors could be the beginning of these two worlds of finance becoming one.

Such a swift pick by institutions suggests a more comprehensive change in the world of finance. Major firms are beginning to build on blockchain instead of working around it. Ethereum is the driving force behind this new digital financial system, and this is clearly shown by the volume of tokenized real-world assets.

The latest data confirms what many in the industry expected. Tokenized finance is no longer just a concept. It’s live, active, and scaling. As regulators provide more clarity on how tokenized assets should be treated, more firms are expected to follow. With over $6 billion in assets represented on-chain, Ethereum is proving it can support institutional-grade finance.