Pantera Capital Says Tokenized Market Has Reached $332B Across 671 Assets

Tokenization is continuing to move from concept to infrastructure. Pantera Capital’s latest State of Tokenization report estimates that the market it tracks has reached $332 billion across 671 assets.

The report points to accelerating institutional involvement, with firms including JPMorgan, HSBC, and Fidelity launching on-chain products. The key takeaway: the focus is increasingly shifting beyond issuing tokens toward building liquid, compliant, and efficient secondary markets.

On Binance, BTC is currently trading around $83,859.30, down approximately 0.3% over the past 24 hours. While BTC is not a direct proxy for tokenized real-world assets, it remains a useful gauge of broader crypto-market sentiment. Pantera’s headline refers to its tracked tokenization universe, so it should not be interpreted as the value of publicly tradable tokenized assets alone. Pantera Capital reported the data.
(tokenization.panteracapital.com)
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