A sharp rise in tokenized assets under management (AUM) on Ethereum signals accelerating adoption from major financial institutions and fintech firms.
According to data from Token Terminal, tokenized AUM has soared past $5 billion as of June 2025, with a clear spike beginning in early 2025.
Leading the charge is BlackRock, whose tokenized funds now dominate the Ethereum-based AUM chart.
Other notable contributors include PayPal, WisdomTree, Franklin Templeton, Apollo, and the Global Dollar Network, all using Ethereum as the underlying infrastructure for their digital financial products.
The data reflects a growing trend of traditional financial players entering the decentralized finance (DeFi) space by leveraging ETH’s smart contract capabilities to launch tokenized funds, stablecoins, and digital securities. The activity began modestly in late 2023 but gained momentum throughout 2024, with exponential growth in 2025.
This institutional inflow is seen as a major validation of Ethereum’s role as a foundational blockchain for real-world asset tokenization. As more incumbents and fintechs integrate with Ethereum, analysts anticipate the platform’s dominance in DeFi and tokenized markets will continue to grow.
Source: https://coindoo.com/ethereum-adoption-surges-as-blackrock-paypal-and-fintech-giants-tokenize-billions/