report<\/a> <\/strong>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\u2014on Arbitrum and Solana, respectively\u2014while Coinbase filed to do the same in the U.S.<\/p>\nThe 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.<\/p>\n
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.<\/p>\n
Why tokenization could soon impact crypto prices<\/h2>\n
For years, tokenization was treated as a far-off promise. But recent developments suggest the timeline may be accelerating. Larry Fink, BlackRock\u2019s CEO, declared that every asset\u2014from stocks to funds\u2014will 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.<\/p>\n
While full-scale adoption will take time, even 1\u20135% penetration in the coming years would redirect trillions of dollars onto blockchain rails. That level of inflow would dramatically boost the utility\u2014and value\u2014of assets like Ethereum, Solana, XRP, and Chainlink, which provide the infrastructure for tokenized assets.<\/p>\n