Will Ethereum and Solana Benefit from Wall Street’s Shift?

A wave of institutional and regulatory momentum is rapidly pushing tokenization from concept to reality—and the ripple effect on major blockchain assets could be closer than expected.

According to report from Bitwise Chief Investment Officer Matt Hougan and Head of Research Ryan Rasmussen, over the past month, financial giants and crypto-native platforms alike have moved to enable on-chain trading of traditional assets. Robinhood and Kraken launched tokenized stock services—on Arbitrum and Solana, respectively—while Coinbase filed to do the same in the U.S.

The Canton Network, a new institutional-grade Layer 1 backed by names like Goldman Sachs and Citadel, raised $135 million to tokenize bonds and equities. Meanwhile, XRP Ledger and other networks are targeting hundreds of millions in tokenized assets across Latin America.

Even the U.S. Securities and Exchange Commission has signaled a shift in tone, with Chairman Paul Atkins labeling tokenization a transformative innovation worth supporting rather than stifling.

Why tokenization could soon impact crypto prices

For years, tokenization was treated as a far-off promise. But recent developments suggest the timeline may be accelerating. Larry Fink, BlackRock’s CEO, declared that every asset—from stocks to funds—will eventually be tokenized. According to the report, that vision captures a market of over $250 trillion in traditional assets, dwarfing even the most bullish stablecoin forecasts.

While full-scale adoption will take time, even 1–5% penetration in the coming years would redirect trillions of dollars onto blockchain rails. That level of inflow would dramatically boost the utility—and value—of assets like Ethereum, Solana, XRP, and Chainlink, which provide the infrastructure for tokenized assets.

READ MORE:

BlackRock’s IBIT Bitcoin ETF Surpasses 700,000 BTC in Record Time

Investing in the tokenization wave

The report states that investors looking to capitalize on this shift are already eyeing Layer 1 ecosystems and oracle networks that power real-world asset settlement. Ethereum is currently leading in protocol adoption, but Solana, XRP, and other platforms are gaining ground via regulatory and corporate partnerships.

A diversified approach—combining top blockchain tokens with strategic equity exposure to firms like Robinhood or Coinbase—may offer the best positioning. As tokenization gains traction, the networks facilitating this transition could emerge as the next layer of Wall Street infrastructure.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.