BlackRock: Ethereum Leads Wall Street Tokenization with 65% Share
BlackRock’s 2026 thematic outlook reports that the Ethereum network supports 65% of all tokenized assets, positioning ETH as the primary ledger in Wall Street’s push to digitize securities and other financial instruments. The firm points to Ethereum’s smart-contract tooling, deep liquidity, and large developer community as reasons institutions are favoring the chain for issuance, custody, and secondary trading.
That concentration matters because institutional adoption can drive demand for ETH for settlement, collateral, and on-chain activity, potentially affecting liquidity and fees. It also signals more infrastructure investment from custodians, exchanges, and asset managers. Still, competition from Layer‑2s and alternative chains, plus evolving regulatory scrutiny, remain key watchpoints for investors and service providers as tokenization scales.