BlockBeats News, May 27th, a16z posted on social media stating that Ethereum continues to lead in the tokenized assets field, in line with its first-mover advantage in DeFi and institutional adoption. The current size of tokenized assets on major blockchains is as follows:

Ethereum: $15.7 billion

BNB Chain: $4 billion

Solana: $2.2 billion

Stellar: $1.7 billion

Liquid Network: $1.5 billion

XRP Ledger, ZKsync Era, Arbitrum: Each around $1 billion

a16z stated that tokenized assets are not concentrated on a single blockchain but are spreading across multiple blockchain ecosystems based on criteria such as cost, liquidity, compliance requirements, and market access relationships, leading to the emergence of a multi-chain coexistence pattern.