A figure reported by Cointelegraph in an X post citing Chainlink places the value of tokenized real-world assets recorded on blockchain infrastructure above the $340 billion mark.

Chainlink Reports $340 Billion Onchain

Chainlink's figure covers real-world assets brought onto blockchain networks through tokenization. These assets can represent financial or physical assets in digital form, allowing ownership or claims associated with them to be represented and tracked using blockchain infrastructure. Common tokenization targets have included tokenized money market funds, United States Treasury bill products, stablecoins, and private credit.

The $340 billion figure measures the value Chainlink says has moved into onchain environments. However, the X post does not break down the assets included in the total, nor does it identify the specific blockchain networks or asset categories accounting for the figure.

Cointelegraph shared the information as part of its coverage of developments involving blockchain-based financial infrastructure.

Tokenization Moves Beyond Crypto-Native Assets

The reported figure is notable because it concerns real-world assets rather than assets created exclusively within cryptocurrency markets.

Tokenization can allow traditional assets to be represented digitally on blockchain networks. Depending on the structure used, blockchain records can support the issuance, transfer, and tracking of tokenized claims while providing a shared record of transactions.

Chainlink operates blockchain infrastructure designed to connect blockchain-based applications with external data and systems. Its technology is used across decentralized finance and other blockchain applications, although the X post did not specify Chainlink's role in each of the more than $340 billion in assets referenced.

The statement should therefore be read as a reported measure of real-world asset value existing onchain, rather than as an indication that Chainlink itself owns or controls those assets.

A Growing Focus on Onchain Financial Infrastructure

The $340 billion figure also underscores the increasing attention being given to bringing traditional assets into blockchain-based systems. Financial institutions and blockchain companies have explored tokenization as a way to represent conventional assets within digital networks. Major asset managers have entered the space, including BlackRock, which launched its tokenized dollar institutional liquidity fund, BUIDL, on the Ethereum network in 2024, while firms such as Franklin Templeton have offered onchain money market funds. Industry trackers, including RWA.xyz, have become commonly cited sources for measuring the size of tokenized asset markets, though the Cointelegraph post did not reference a specific methodology.

Still, the information provided by Cointelegraph and Chainlink does not establish how the total was calculated or provide details about the underlying assets. Without that breakdown, the figure cannot be independently assessed from the X post alone.

For now, the specific figure reported by Chainlink remains the key data point: more than $340 billion in real-world assets are said to be sitting onchain.