Growth was driven by new issuance rather than price gains, with tokenized gold still dominant but losing share as tokenized stocks and ETFs rapidly expanded.
Tokenized assets expanded 267% between June 2025 and June 2026, making them the only crypto sector to add market value while the rest of the market declined. CryptoRank said the increase came from new issuance rather than rising prices, with tokenized gold and tokenized equities accounting for almost all of the expansion. Gold prices rose nearly 20% over the period, but gold held on-chain roughly doubled from 524,000 ounces to more than 1 million, indicating that fresh supply was the main driver. Precious metals, which made up nearly 100% of openly traded tokenized assets a year earlier, accounted for 68% of the sector by June 2026 as more asset classes entered the market. Tokenized stocks and ETFs grew from zero to 23% of the sector in 12 months, while Treasuries and private credit made up most of the remainder. By token count, rStocks and Ondo issue close to two-thirds of all tokenized stocks, and exchanges including Binance and Gate entered the segment with new products in June and July 2026. CryptoRank also ranked tokenized assets as the most-listed category on centralized exchanges in the first half of 2026, suggesting issuance may again determine where the sector ends the year.