Stellar’s Tokenized Asset Market Reached $3.996 Billion in August

Stellar’s tokenized real-world asset market reached $3.996 billion on Aug. 29, up from $868.8 million at the end of 2025, with five issuers accounting for most of the value and concentrating it among a small group of platforms.

Spiko accounted for about $1.55 billion as of Aug. 27, followed by Realiz at $559 million, Tradable at $548 million, Franklin Templeton at $546 million and Ondo at $535 million. Those issuer snapshots are dated two days before the network-wide total.

A Sept. 28 snapshot put tokenized assets on Stellar at $3.385 billion, about $611 million below the Aug. 29 total. The snapshot also recorded peak throughput of 216.1 transactions per second over 100 blocks.

Stellar held about $490 million in government debt issued outside the United States as of Aug. 20, including Mexican CETES and Brazilian government bonds. The network had led that category since February.

Tokenized assets on the network do not establish that its native token, XLM, rose alongside them. Tokenized financial products can use a blockchain without requiring investors to hold its native token.

A planned connection with the Depository Trust & Clearing Corporation could add another institutional channel. DTC-custodied assets are expected to become available on Stellar in the first half of 2027. Potential assets include Russell 1000 constituents, major-index exchange-traded funds and U.S. Treasury securities, subject to evaluation.