Tokenized RWA Surges to $22B as Algorand, Aptos, and Stellar Lumens Lead the Charge

Total real-world assets onchain have reached an all-time high of $22.04 billion as of May 5, 2025, with figures up 10% over the last 10 days.

Leading real-world asset tokenization is top blockchain networks, including Ethereum, Algorand, Stellar Lumens, and Aptos. 

Top RWA assets contributing to the $22B value include BlackRock USD Institutional Digital Liquidity Fund, Franklin Templeton’s money fund, and tokenized gold.

Onchain tokenized assets reach $22B all-time high value on ALGO, XLM, APT

Tokenized, real-world assets have surged in recent months, with figures reaching all-time highs alongside the rise of stablecoins.

According to statistics from RWA.xyz, private equity, U.S. Treasuries, and commodities are the top three tokenized assets onchain.

Real-world assets are being brought onchain thanks to Ethereum and its layer 2 sidechains alongside Algorand (ALGO), Aptos (APT), Stellar Lumens (XLM), and Solana, altogether hosting billions worth of assets. 

Stellar Lumens is host to Franklin Templeton’s OnChain US Government Money Fund valued at $466M, followed by stablecoin issuer Circle, utilizing Stellar Lumens for USDC with a total onchain value of $338M via XLM.

Other Stellar real-world assets include Circle’s EURC stablecoin and various U.S. Treasuries from WisdomTree.

On Algroand, a reported $402.44M worth of real-world assets is being tokenized onchain utilizing the Algroand network. For ALGO, Securitize has tokenized Exodus Wallet’s EXOD stock. 

Not reported by RWA.xyz include real-estate tokenizations via Lofty, a real-estate tokenization platform that allows users to invest in fractionalized property using crypto. There is also URECA, verifying carbon data onchain and TravelX, tokenizing travel tickets. 

According to RWA.xyz, on the XRP Ledger, Archax’s tokenized global bonds, treasuries, and stocks make up a large percentage of the XRPL’s RWA value, now at $114.39M.

On Aptos, a largely overlooked blockchain network, Tether and USDC stablecoins make up most of its RWA shares alongside assets from Franklin Templeton, Securitize, and PACT.

RWA tokenization is expected to increase in 2025

Investment firm VanEck previously compared Aptos to Sui Network, highlighting the network’s strong DeFi capabilities.

With $22B tokenized onchain, we can expect more institutional players and businesses to tokenize their assets using blockchain networks in the coming months.

Stablecoin adoption is increasing at an alarming rate. Trump’s GENIUS and STABLE Acts are set to allow banking groups and organizations easier pathways to adopting and creating crypto services with stablecoins as a bridge between DeFi and TradFi. 

Networks such as Algorand, Stellar Lumens, XRP Ledger, and Aptos will continue to onboard institutions as US crypto policies become more beneficial and experimen