Key Takeaways
The number of tokenized asset holders has exceeded 3.5 million for the first time, marking a major milestone for the rapidly expanding real-world asset market.
The total reached 3,577,252 after rising almost 109% over the previous 30 days, according to figures shared by The Kobeissi Letter and attributed to RWA.xyz. The count has increased by approximately 2,500% since May 2025.
Meanwhile, the represented value of tokenized assets climbed to $386.92 billion, up 3.63% over 30 days. Distributed asset value, which measures assets deployed across public blockchain networks, reached approximately $39.15 billion after increasing by 1.54%.
The figures suggest that adoption is accelerating as major financial platforms introduce tokenized stocks, funds, and other conventional assets to larger audiences. However, holder figures generally represent blockchain addresses rather than necessarily identifying an equal number of individual investors.
+81
Bitcoin
Ethereum
Tether
Build'N'Build
USD Coin
Solana
Ripple
Dogecoin
Cardano
Toncoin
Shiba Inu
Avalanche
TRON
Chainlink
Polkadot
Wrapped Bitcoin
Litecoin
Dai
NEAR Protocol
Bitcoin Cash
Monero
Stellar
Cosmos
Filecoin
Ethereum Classic
Aptos
Immutable
Unstoppable Ecosystem Token
Arbitrum
The Sandbox
Decentraland
Axie Infinity
Injective Protocol
Render Token
The Graph
Aave
Chiliz
Helium
PAX Gold
Compound
Lido DAO Token
THORChain
Stacks
Arweave
Sui
Uniswap
Pepe
Ondo
Mantle
Bittensor
Kaspa
Celestia
Artificial Superintelligence Alliance
Jupiter
Quant
Worldcoin
PayPal USD
Bonk
Flare
Sei
JITO
JasmyCoin
PancakeSwap
Floki Inu
Ethereum Name Service
SushiSwap
Kava.io
1inch Network
Tezos
Algorand
Flow
Curve DAO Token
MultiversX
Zcash
Basic Attention Token
Enjin Coin
Ethena
Hedera Hashgraph
VeChain
Conflux Network
XDC Network
Tether Gold
Bitget Token
Polygon Ecosystem Token
Pi Network
OKB
+76
Bitcoin
Ethereum
Tether
USD Coin
Solana
Ripple
Dogecoin
Cardano
Toncoin
Shiba Inu
Avalanche
TRON
Chainlink
Polygon Matic
Polkadot
Wrapped Bitcoin
Litecoin
Dai
NEAR Protocol
Bitcoin Cash
Stellar
Cosmos
Filecoin
Ethereum Classic
Aptos
Hedera Hashgraph
Immutable
Optimism
Arbitrum
VeChain
The Sandbox
Decentraland
Axie Infinity
Injective Protocol
Render
The Graph
Aave
Chiliz
Helium
PAX Gold
Compound
Lido DAO Token
Sui
Conflux Network
Lido Staked ETH
OKB
Uniswap
Pepe
Ondo
Mantle
First Digital USD
XDC Network
Artificial Superintelligence Alliance
Jupiter
Quant
Worldcoin
Bonk
Tether Gold
JITO
JasmyCoin
Core
Floki Inu
Ethereum Name Service
SushiSwap
1inch Network
Tezos
Algorand
Flow
Trust Wallet Token
Curve DAO Token
MultiversX
Basic Attention Token
Enjin Coin
Ethena
Ethena Staked USDe
Build'N'Build
Kava.io
Celestia
Sei
IOTA
Frax
+217
Bitcoin
Ethereum
Tether
Build'N'Build
USD Coin
Solana
Ripple
Dogecoin
Cardano
Toncoin
Shiba Inu
Avalanche
TRON
Chainlink
Polkadot
Polygon Matic
Wrapped Bitcoin
Litecoin
Dai
NEAR Protocol
Bitcoin Cash
Monero
Stellar
Cosmos
Filecoin
Ethereum Classic
Aptos
Hedera Hashgraph
Immutable
Optimism
Arbitrum
VeChain
The Sandbox
Decentraland
Axie Infinity
Injective Protocol
Render Token
The Graph
Maker
Aave
Chiliz
Helium
PAX Gold
Compound
Lido DAO Token
THORChain
Stacks
Arweave
Sui
Conflux Network
Lido Staked ETH
Bitget Token
Wrapped Ethereum
OKB
Uniswap
Pepe
Ondo
Mantle
First Digital USD
Bittensor
Kaspa
Celestia
XDC Network
Artificial Superintelligence Alliance
Jupiter
Quant
Worldcoin
PayPal USD
Bonk
Flare
Tether Gold
Sei
JITO
JasmyCoin
PancakeSwap
Core
Floki Inu
Ethereum Name Service
SushiSwap
Kava.io
1inch Network
Tezos
Algorand
Flow
Trust Wallet Token
Curve DAO Token
KuCoin Token
MultiversX
Gitcoin
Zcash
IOTA
Basic Attention Token
Frax
Ethena
Ethena USDe
Fasttoken
Pi Network
SATS
Adventure Gold
Audius
Alchemy Pay
Arkham
API3
Bounce Token
Altlayer
Aergo
Amp
Aevo
ARPA Chain
Astar
Ark
Ankr
AirSwap
Alpaca Finance
Blur
Badger DAO
Bancor
BakeryToken
Biconomy
Chromia
Celer Network
Celo
Shentu
Civic
Convex Finance
Cartesi
Cyber
COTI
DigiByte
DIA
ether.fi
FUNToken
FLUX
Firo
Ampleforth
Golem
GMX
Gnosis
Moonbeam
Holo
IoTex
ICON
Illuvium
JUST
Kadena
Liquity
Livepeer
Lisk
Memecoin
Manta Network
Treasure
Mask Network
MetisDAO
Origin Protocol
ORDI
Ontology
Osmosis
Powerledger
Phala Network
Pendle
Portal
Pyth Network
ConstitutionDAO
Polkastarter
Qtum
iExec RLC
Rocket Pool
Reserve Rights
Ronin
Ravencoin
Starknet
Storj
Status
Spell Token
Sun (New)
SuperVerse
Toko Token
Theta Fuel
Tellor
Tensor
LayerZero
Usual
Eigenlayer
Hamster Kombat
Catizen
Berachain
KAITO
Pudgy Penguins
Solayer
Bio Protocol
ChainGPT
Cookie DAO
Solv Protocol
Alchemix
Bitcoin SV
Movement
DeXe
Binance Staked SOL
Nexo
Wrapped eETH
Hyperliquid
Casper
Zilliqa
Secret
Nervos Network
TrueUSD
BitTorrent
Mina
Dash
STEPN
Gemini Dollar
UNUS SED LEO
Synthetix
APEcoin
Gala
Theta Network
Fantom
Cronos
Internet Computer
Binance USD
Tokenized equities have become one of the most visible areas of growth, with platforms offering blockchain-based exposure to thousands of publicly traded companies.
These products allow investors to gain economic exposure to traditional shares while using blockchain infrastructure for issuance, settlement, and trading.
Government securities, money market funds, private credit, and commodities such as gold have also emerged as important parts of the market.
BREAKING: The total number of tokenized asset holders surges above 3.5 million for the first time in history.
This puts the total count up +109% over the last 30 days and +2,500% since May 2025.
Meanwhile, the total Represented Asset Value of these tokenized assets is now up to… pic.twitter.com/2ZXddcZ9CB
— The Kobeissi Letter (@KobeissiLetter) September 8, 2026
Stablecoins remain the largest category by value under broader definitions of tokenized assets. The rapid expansion of tokenized securities, however, shows how the technology is moving beyond blockchain-native currencies.
The difference between represented and distributed value remains important. Represented asset value can include the total value associated with assets brought into a tokenization framework, while distributed value reflects the portion circulating directly on public blockchains.
Consequently, the headline $387 billion figure does not mean that the entire amount is freely traded onchain.
The arrival of large financial platforms has helped push tokenized assets beyond their earlier institutional and crypto-focused niche.
Robinhood has expanded its range of tokenized products, offering eligible customers exposure to hundreds of stocks and exchange-traded funds.
Its scale gives tokenization access to an established base of retail investors who may not previously have interacted with dedicated onchain platforms.
Robinhood Chain has only been live for two months and it is already starting to rewrite the onchain market.
The chain just hit a record $3.7B in 24-hour DEX volume.
That was enough to overtake Solana.
But the volume is only part of the story.
Pons, Robinhood Chain’s native… pic.twitter.com/gTatySi4Mw
— The Wolf Of All Streets (@scottmelker) September 5, 2026
The company’s entry also adds credibility to a market that was once dominated by smaller blockchain firms.
Other institutions are exploring tokenized money market funds, bonds, and private-market assets, creating additional connections between conventional finance and public networks.
Ethereum, Solana, Avalanche, and the XRP Ledger are among the networks competing to support this activity. Each offers different trade-offs in terms of transaction costs, liquidity, regulatory controls, and settlement speed.
Tokenization is also changing when financial assets can be traded.
Approximately 63% of tokenized asset volume on platforms such as Jupiter reportedly occurs outside conventional market hours. That activity reflects demand from traders seeking access during evenings, weekends, and holidays, when traditional stock exchanges are closed.
Continuous markets can also serve investors across different time zones, allowing them to react to news without waiting for an exchange to reopen.
Solana settled $14.7B of the $46B in tokenized asset volume onchain over the past year.
New report from @AlliumLabs with insights on tokenized equities, fixed-income, private funds and other assets👇 pic.twitter.com/MCO7pfBqL6
— Solana (@solana) September 8, 2026
Nevertheless, round-the-clock trading introduces challenges. Liquidity may thin outside regular hours, and token prices can diverge from their underlying assets when the primary market is closed.
Even with those limitations, the latest holder and valuation figures point to a significant structural shift. Tokenization is increasingly becoming a part of financial infrastructure rather than remaining a small blockchain experiment.
Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors.
Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
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