The market capitalization of tokenized stocks has increased by 832% over the past six months, reinforcing divergent trends regarding the price of Bitcoin (BTC) and cryptocurrencies.
The data recorded by the Token Terminal platform shows the following: Since September 2025, the market capitalization of these products has increased more than 9x.
In contrast, the price of Bitcoin (BTC) fell by 43% over the same six-month period. It is important to note that these values are shown indexed over the past six months, reflecting relative rates of change and not necessarily nominal prices, evidencing the continued flow of liquidity into products that connect traditional financial and digital currency infrastructures.
The chart below compares the price of Bitcoin (orange line) to the total market value of tokenized stocks (blue line).
Traditional financial giants also participate in tokenization
The participation of major financial institutions was crucial to this expansion. Companies such as BlackRock and Franklin Templeton Not only have they dabbled in tokenization, they are actively using cryptocurrency networks. As infrastructure for investment funds.
BlackRock manages the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on the Ethereum network, which invests in U.S. Treasury securities and provides returns in dollars. According to a report by CriptoNoticias, this structure enables instantaneous operations to be performed without the need for traditional payment institutions, reducing settlement times.
Franklin Templeton manages OnChain US Government Money Fund (FOBXX). The product runs on networks such as Stellar, Polygon, Arbitrum, and Solana and specializes in government securities and repurchase contracts.
This entry of institutional capital will bring more stable liquidity to the digital asset ecosystem and shift market perception from one based on volatility to one focused on the technical utility of the protocol. Current prospects suggest that crypto infrastructure is establishing itself as the standard for financial securities issuance in the near future.
Cryptocurrency market could benefit
In the medium term, if this trend continues, the Real World Assets (RWA) sector is expected to grow. Could be a structural catalyst for the prices of various cryptocurrencies.
This is because trading tokenized securities requires a cryptocurrency network for settlement and storage. Therefore, increased trading volumes create a direct demand for the native assets of these networks for fee payments.
This is why networks like Ethereum, Solana, BNB Chain, Avalanche, and Polygon (to name a few of the networks where these tokenized securities “live”) can see their native cryptocurrencies increase in price as a result of the RWA industry.