Avalanche has reached $2.1 billion in distributed tokenized real-world asset (RWA) value after a 60.47% monthly increase, driven by a newly announced $11 billion institutional tokenization deal with Bridgetower. According to data from RWA.xyz, the network now ranks fifth among blockchains by distributed RWA value, underscoring its growing role in one of crypto’s fastest-growing sectors.
The surge coincided with Bridgetower’s July 13 announcement that it had tokenized over $11 billion in production-linked real-world assets on Avalanche using Chainlink infrastructure. The portfolio includes the Arizona Copper-Gold project, and the inflow pushed Avalanche into the top five networks for net RWA inflows on RWA.xyz shortly after the news broke. Ava Labs Vice President of Business Development Morgan Krupetsky noted that Avalanche now ranks among the top five chains for tokenized assets by both distributed and represented value, adding that this progress is “still just the beginning.”
Institutional activity on Avalanche was already expanding before the Bridgetower deal. BlackRock’s BUIDL tokenized U.S. Treasury fund has grown to more than $900 million on the network, making it Avalanche’s second-largest tokenized asset after Ethereum. Investment manager VanEck also plans a portfolio focused on gaming, DeFi, AI, and RWAs on Avalanche, with unused capital deployed into tokenized money market instruments. Franklin Templeton’s BENJI fund and Littio Bank have chosen the chain for yield-related products, reinforcing its status as a leading blockchain for real-world asset tokenization.
Avalanche’s appeal to institutions centers on its subnet architecture, which supports dedicated blockchains with high throughput, low latency, and EVM compatibility. As RWA activity grows, so does demand for AVAX, required for transaction fees, staking, and subnet deployment. The Avalanche Foundation continues to support tokenization via a $50 million RWA initiative, with more subnet launches expected. Despite this momentum, Ethereum remains dominant with roughly $16 billion in tokenized RWAs, and competition from Layer-2 solutions and other high-performance chains remains intense.