Market Cap of Tokenized Assets Hit $24.6B in January, a New All-Time High

What to know:

• The total market cap of tokenized assets reached a new all-time high of $24.6B in January, driven primarily by growth in tokenized treasuries and a surge in tokenized commodities.

• Tokenized treasuries accounted for 39.0% of the total market capitalization, while tokenized commodities rose 22.8% month-on-month as gold prices hit new highs.

• Stablecoins continued to provide the underlying liquidity layer, with total stablecoin market cap rising for a second consecutive month to $308B and centralized exchange volumes reaching $1.07T month-to-date.