BlackRock, the world's largest asset management firm, has identified Ethereum as a key infrastructure for tokenization in traditional finance. In its recently released 2026 market outlook report, BlackRock revealed that a significant portion of tokenized assets currently operate on the Ethereum network.
BlackRock's report identified tokenization as one of the fastest-growing blockchain use cases in the financial market, and analyzed that Ethereum is playing a key role in this space. In particular, the report explained that as stablecoins and real-world asset tokenization expand, network activity and settlement demand could increase simultaneously.
The report also noted that traditional financial institutions are gradually experimenting with and adopting tokenization. It assesses that Ethereum is likely to serve as a key link if existing financial infrastructure, such as depository institutions and exchanges, expands to include blockchain-based assets.
BUIDL, a tokenized money market fund operated by BlackRock, also utilizes the Ethereum network, and was cited as an example of institutional investors applying public blockchains to real-world financial products.
However, he added that for tokenization's advantages of 24-hour transactions and rapid settlements to fully spread, regulatory reform and the establishment of related market infrastructure must occur in parallel.
