Avalanche has reached $2.1 billion in distributed tokenized real-world asset (RWA) value after a 60.47% monthly increase, driven by an $11 billion institutional tokenization deal with Bridgetower. The milestone pushed Avalanche into the top five blockchains for net RWA inflows, according to data from RWA.xyz.
Bridgetower deal fuels institutional adoption
Bridgetower announced on July 13 that it had tokenized over $11 billion in production-linked real-world assets on Avalanche using Chainlink infrastructure, including the Arizona Copper-Gold project. The move vaulted Avalanche into the top five networks for net RWA inflows on RWA.xyz shortly after the announcement. Ava Labs Vice President of Business Development Morgan Krupetsky noted on X that Avalanche now ranks among the top five blockchains for tokenized assets by both distributed and represented value, calling the progress "still just the beginning."
BlackRock's BUIDL tokenized U.S. Treasury fund has grown to more than $900 million on Avalanche, making it the network's second-largest tokenized asset after Ethereum. Investment manager VanEck has announced plans for a portfolio focused on gaming, decentralized finance, artificial intelligence, and real-world assets on Avalanche, with unused capital allocated to tokenized money market instruments on the network. Franklin Templeton's BENJI fund and Littio Bank have also chosen Avalanche for yield-related offerings.
Competition with Ethereum remains intense
Despite the recent growth, Ethereum still hosts roughly $16 billion in tokenized real-world assets, maintaining a significant lead. Avalanche's institutional appeal centers on its subnet architecture, which offers high throughput, low latency, and Ethereum Virtual Machine compatibility for customized enterprise deployments. The 60.47% monthly increase in tokenized asset value also boosts network usage, as AVAX is required for transaction fees, staking, and subnet deployment.
The Avalanche Foundation continues to support tokenization through its $50 million RWA initiative, with more subnet launches expected as institutions explore blockchain-based financial products. Regulatory developments could further influence adoption; the U.S. Securities and Exchange Commission discussed tokenization during a public roundtable earlier this year, where Avalanche was identified as a network attracting industry attention. However, competition from Ethereum layer-2 networks and other high-performance blockchains remains strong, leaving future market share dependent on adoption and regulatory progress.