BlackRock Says Ethereum Is Wall Street’s Tokenization BackboneTokenization means turning real-world assets such as U.S. Treasuries or investment funds into digital tokens that live on a blockchain, and BlackRock’s Ethereum tokenization has become a central theme in this shift.
In its report, BlackRock said
Ethereum supports about 65% of all tokenized assets. That dominance helps explain why firms, and not only BlackRock, racing into tokenized stocks and funds keep choosing Ethereum instead of starting from scratch on new chains.
BlackRock’s own tokenized Treasury fund, called BUIDL, shows how this works in practice. The fund now holds nearly $2 billion in assets under management as of January 2026, including tokenized U.S. Treasuries.
More tokenized assets mean more activity on Ethereum. Activity matters because users pay fees in ETH, similar to paying tolls to use a busy road. If Wall Street keeps issuing funds and assets on Ethereum, demand for block space rises.
The idea is simple:
More assets. More transactions. More economic weight flows through the network.That narrative also explains why institutions like Goldman Sachs and BNY Mellon are entering tokenized money markets. As tokenization scales, potentially reaching $80 billion by year-end per Bernstein estimates,
Ethereum’s role as the settlement layer could drive further value accrual, benefiting holders through increased fees and network utility.https://99bitcoins.com/news/altcoins/blackrock-ethereum-tokenization-wall-street/