While not officially confirmed by regulators, multiple analytics sources point to a clear reality Ethereum is the undisputed hub of tokenized finance.

📊 According to data from DefiLlama, 21.co, and RWA (Q3 2025):

• Ethereum and its Layer 2s (Arbitrum, Base, Polygon) capture over 90% of all real-world asset (RWA) tokenization volume.

• Major issuers like Backed Finance, Swarm, and Matrixdock all build on Ethereum’s secure and liquid ecosystem.

While figures like “70% of all tokenized stocks” and “98% of all volume” are community estimates, the message is clear
💥 Ethereum has become the backbone of on-chain finance.

From tokenized Treasuries to synthetic equities, the world’s capital markets are migrating to Ethereum one block at a time.