Adoption of tokenized real-world assets is accelerating across major public blockchains, with the value locked in these products climbing sharply over the past year. On the Avalanche network, more than $180 million of tokenized assets are now outstanding across 35 instruments. Roughly $53 million of that total comes from BlackRock’s BUIDL fund, whose tokens can be held in Avalanche wallets and pledged as collateral in decentralised-finance protocols. Ethereum remains the largest venue, where the combined market value of tokenized RWAs has expanded about twenty-fold since January 2024, according to multiple industry trackers. Activity is also building on layer-2 platform Arbitrum, where total value locked in RWAs has risen from zero to roughly $350 million in the past 12 months, underscoring broader investor appetite for blockchain-based representations of traditional securities and other off-chain assets.