Tokenized Assets on Ethereum Surpass ¥30 Trillion, Exceeding Combined Total of Other Chains

According to market data, as of November 12, tokenized assets on Ethereum have exceeded $201 billion (approximately ¥30 trillion), representing about two-thirds of the total blockchain market value of $314 billion (approximately ¥47 trillion).

An analysis of this $201 billion reveals the diversity of Ethereum's tokenized ecosystem. There is over $180 billion (approximately ¥27 trillion) in stablecoin supply on Ethereum, with major stablecoins like USDT and USDC providing foundational liquidity for DeFi protocols and exchanges.

Furthermore, funds such as BlackRock's BUIDL fund and other institutional investment vehicles are increasingly incorporating Ethereum-based tokenized assets, reflecting growing confidence and interest from institutional investors.