With billions of dollars already flowing onto its network, Ethereum is quickly taking the lead in the competition to tokenize real-world assets. ETH is now the infrastructure of choice for organizations wishing to move traditional assets on-chain, from tokenized bonds and funds to real estate and treasuries. With over $22.5 billion in fund assets now tokenized on the network, or around 71.9% of the market share across all blockchains, Ethereum is quickly becoming the dominant layer for tokenized treasury products, according to a source.
Industry titans like JPMorgan Chase, which introduced its MONY market fund on ETH in early 2026 and joined well-known products like BlackRock’s BUIDL and Franklin Templeton’s on-chain money fund, are driving the movement. These are treasury management products of an institutional caliber. These products allow agents to access the system without a brokerage account and are appropriate for autonomous agents with idle money demands working on permissionless infrastructure. The most practical financial layer for autonomous agents handling actual capital is Ethereum, which is continuously developing. An autonomous agent with a $500,000 treasury will require a stable money market fund with a predictable yield, deep liquidity, low smart contract risk, and no centralized counterparty that may freeze or confiscate its assets, according to source. The ETH DeFi ecosystem is starting to stand out in this regard, and it satisfies these requirements.
Although the losses and hacks are still happening, they are becoming less frequent and concentrated in the ecosystem’s speculative edges. Repeated stress events have shown a stable core of application to be incredibly resilient, and this track record demonstrates what other chains cannot match. The decreasing percentage of DeFi losses in relation to total value locked on the ETH mainnet is indicative of this increasing stability. A pivotal event in tokenized finance may occur, one that markets may only fully recognize in retrospect. The founder of fiftyonexyz, Marc Baumann, has noted that Broadridge Financial Solutions has now processed over $8 trillion in tokenized repo settlements each month and has now enabled true on-chain governance for tokenized equities, which is a crucial step beyond settlement.
Galaxy Digital is also directly connecting institutional capital to blockchain technology by acting as the staking provider for BlackRock’s ETHB staked Ethereum ETF. The first on-chain shareholder vote for tokenized equities is being made possible by these companies working together. According to Baumann, the proxy voting market is estimated to be worth $200 billion. Traditional players like custodians, transfer agents, and proxy solicitors should be aware that companies that currently operate on Wall Street are building the infrastructure for a new financial layer of institutional DeFi. The change is being spearheaded by the same firms that handle 401(K)s, not by a company that is solely focused on cryptocurrency.