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Tokenization

Ethereum is the market leader for asset tokenization, home to more tokenized assets than any other network and most of the global stablecoin supply.

$146.4B
Stablecoins on Ethereum L1 
$16.56B
Stablecoins on Ethereum L2s 
—
Value secured on Ethereum

Ethereum as financial market infrastructure

Institutions tokenize assets such as public and private securities and credit, offer 24/7 settlement, deploy programmable cash, implement customizable payment rails, and more, on the liquid, open, and resilient ecosystem of Ethereum and its layer 2s.

Deep liquidity

Access Ethereum’s deep, global liquidity for efficient transactions and capital deployment.

Cash-like settlement

Settle transactions 24/7 at internet speed, with low-cost layer 2 rails for high-volume flows.

Built-in compliance

Programmable settlement enables stronger controls, transparent reporting, and easier auditability.

More efficient capital

Put collateral to work through onchain yield opportunities and seamless integration with DeFi.

Comparison matrix

How do different tokenization platforms compare to each other:

Comparison matrix
FunctionsEthereumL1 alternativesPrivate DLTTraditional rails
Settlement finalityMinutes, 24/7, globalSeconds, but limited securityOperator-dependentT+1 to T+3, business hours
Resilience / tenure11 yearsMultiple downtimes2 years or lessIncumbent
Security12 clients, 10+ years uptimeSingle client, downtimesVendor-dependentJurisdiction-bound
Developer baseHighMedium-lowLowPermissioned / closed
Liquidity / utility onchainHighMedium-lowN/AN/A
AuditabilityPublic & verifiablePublic & verifiableLimitedFragmented
NeutralityNo single operator, thousands of nodesSingle client, controlled treasury, low number of validator operatorsVendor-controlledJurisdiction-bound
Geopolitical riskGlobalSubject to regulatory riskSubject to regulatory riskRegulated
ComposabilityHighLimitedLowVery low

Stablecoins on Ethereum

Track the stablecoin landscape on Ethereum to understand market size, adoption, and collateral backing.

CurrencyMarket CapitalizationCollateral Type
$183,883,988,103
Fiat
$72,575,247,939
Fiat
$10,220,287,013
Crypto
$4,735,696,070
Crypto
$4,528,903,467
Crypto
$2,833,798,876
Fiat

Tokenized assets on Ethereum

Leading financial institutions, technology companies, and consumer platforms are already using Ethereum L2s to scale real-world applications and build the next generation of onchain infrastructure.

Tokenized treasuries & cash equivalents

Example

BlackRock USD Institutional Digital Liquidity Fund, JPMorgan Tokenized Money Market Fund, Fidelity Tokenized Money Market Fund

Private credit & structured credit

Example

Aave, Morpho, Centrifuge, Maple Finance, Midas mF-ONE

Enterprise infrastructure

Ernst & Young and Deutsche Bank are exploring L2s for privacy, compliance, and institutional financial infrastructure.

More on compliance 

Consumer & ecosystem scale

Coinbase, Celo, World, and Sony are using L2s to support high-volume applications, payments, and consumer adoption.

Contact enterprise experts

These organizations can help you decide whether Ethereum is the right choice for your organization:

Keep exploring

Dive deeper into how enterprises are building on Ethereum.