Traditional financial institutions are accelerating their move into blockchain-based markets, underscoring a broader shift toward tokenizing real-world assets and building onchain financial infrastructure.
Key Takeaways:
- Tokenized real-world assets have surged toward $20 billion in value.
- Major asset managers and banks are expanding onchain initiatives.
- Treasury and private credit products are leading early adoption.
- Stablecoins and deposit tokens are emerging as settlement rails.
A series of recent developments highlights the momentum. The U.S. Securities and Exchange Commission has launched “Project Crypto,” signaling closer regulatory engagement with digital assets. BlackRock Inc. has argued that “every stock, every bond” can ultimately be tokenized, while Apollo Global Management has worked with Securitize to tokenize a private credit fund that attracted roughly $100 million.
Financial markets are moving onchain. Some receipts:
– SEC launches “Project Crypto” in 2025
– BlackRock says “every stock, every bond” can be tokenized
– Apollo tokenizes credit fund with Securitize, attracts $100M
– BlackRock’s tokenized Treasury fund scales $2B
– BlackRock… pic.twitter.com/qDv8QXkjya— Bitwise (@BitwiseInvest) February 24, 2026
At the same time, BlackRock’s tokenized U.S. Treasury fund has scaled to about $2 billion, one of the largest blockchain-based representations of traditional securities to date.
Institutions Move Beyond Pilot Programs
BlackRock recently made its BUIDL token available on decentralized exchange Uniswap and purchased UNI tokens, reflecting a growing overlap between traditional asset managers and decentralized finance platforms. Apollo has also acquired a stake in Morpho, a decentralized lending protocol, deepening institutional exposure to onchain credit markets.
JPMorgan Chase & Co. has launched a deposit token on Coinbase’s Base blockchain, and discussions have emerged among JPMorgan, Bank of America, Citigroup and Wells Fargo about a potential joint stablecoin initiative, according to people familiar with the matter.
Fidelity Investments is hiring for roles tied to decentralized finance infrastructure, further illustrating how legacy firms are positioning for blockchain-native capital markets.
Real-World Assets Approach $20 Billion
The value of tokenized real-world assets – including U.S. Treasuries, commodities, private credit and non-U.S. government debt – has climbed sharply over the past year, approaching $20 billion, according to data compiled by Bitwise Asset Management and RWA.xyz.
U.S. Treasury products account for the largest share, reflecting strong institutional demand for blockchain-based access to short-duration government securities. Private credit and alternative funds have also expanded, signaling appetite for programmable yield and faster settlement.
The rapid growth suggests tokenization is moving beyond experimentation and into scaled deployment. What began as proof-of-concept issuances has evolved into multibillion-dollar funds and active secondary-market liquidity.
While regulatory clarity and infrastructure constraints remain challenges, the direction of travel appears increasingly clear: core components of financial markets – from Treasuries to credit – are gradually migrating onchain.
For institutions once cautious about blockchain exposure, tokenization is no longer a fringe strategy. It is becoming part of mainstream capital markets infrastructure.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/real-world-assets-go-digital-as-institutions-scale-blockchain-funds/