Stellar tokenized RWA market more than quadruples to nearly $4B
Stellar’s real-world asset market has expanded rapidly this year as institutional adoption and tokenization activity grow across the network.
The top 3
- Ethereum's Dominance in RWA Market Cap: Ethereum maintains its position as the leading blockchain for tokenized RWAs, capturing approximately 33% of the total $65 billion market by May 2026, favored by institutions for its deep liquidity and robust security. As of August 2026, Ethereum hosts about $23.3 billion in tokenized assets, more than half of the total RWA market, with its active market cap exceeding $14.9 billion.
- Blockchains Specializing in RWA Niches: Solana excels in high-velocity RWA perpetuals and tokenized stocks due to its speed and low fees, while BNB Chain leads in tokenized gold and money market products, and Stellar focuses on tokenization for payments and non-US government debt. Other notable players include Arbitrum for tokenized stocks, Avalanche for institutional control, and Hedera for enterprise-oriented models.
- Stellar's Rapid RWA Market Expansion: Stellar's tokenized RWA market surged by approximately 360% in 2026 to nearly $4 billion, primarily driven by US Treasuries, private/public credit, and non-US government debt, with Spiko leading issuers at $1.55 billion. The network's RWA market significantly exceeds its DeFi market size, and institutional integrations like DTCC's planned tokenization services are expected to further boost its growth.
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