Stellar Tokenized Assets Reach Record $3.5 Billion on Network

Tokenized real-world assets on the Stellar network reached a record $3.5 billion, extending the network’s recent growth as blockchain platforms compete for institutional tokenization activity. The latest figure compares with $3.385 billion on Sept. 28. The increase follows a sharp expansion from approximately $895 million a year earlier, although the available figures do not establish a consistent percentage gain. The $3.5 billion total represents tokenized assets recorded on the network. Financial institutions and investors are continuing to explore blockchain-based investment products, adding to competition among Stellar, the XRP Ledger, Solana and Avalanche.

Source: TokenPost