Bridgetower’s newly announced $11 billion deployment helped lift Avalanche into the top five tokenization blockchains as BlackRock, VanEck and Franklin Templeton expand activity on the network.
Avalanche’s distributed tokenized real-world asset value rose to $2.1 billion over the past 30 days, a 60.47% increase that moved the network to fifth place among tokenization blockchains by distributed value, according to RWA.xyz. The advance followed Bridgetower’s July 13 announcement that it had tokenized more than $11 billion in production-linked real-world assets on Avalanche using Chainlink infrastructure, including the Arizona Copper-Gold project. Institutional activity on Avalanche had already been broadening, with BlackRock’s BUIDL tokenized U.S. Treasury fund growing to more than $900 million on the network and additional initiatives from VanEck, Franklin Templeton, and Littio Bank. Even so, Ethereum remains far ahead with roughly $16 billion in tokenized real-world assets. Avalanche’s appeal to institutions has centered on its subnet architecture (dedicated app-specific blockchains), which offers high throughput, low latency and Ethereum Virtual Machine compatibility. The report said rising tokenized asset activity can also increase network usage because AVAX is needed for transaction fees, staking (locking tokens to help secure the network) and subnet deployment, while future market share will depend on broader adoption and regulatory progress rather than a single transaction.