Key Insights:
- Stellar supports over $2.42 billion in tokenized assets across major financial platforms today.
- Franklin Templeton, Spiko, Ondo Finance, and Circle maintain active deployments on Stellar.
- DTCC plans tokenized securities deployment on Stellar during the first half of 2027.
- MoneyGram, Bermuda payments infrastructure, and 21X operate services using Stellar blockchain.
Stellar’s role in the tokenized asset market is gaining attention as more financial firms deploy products on the network. Billions of dollars in tokenized assets are already operating on Stellar, while several financial institutions continue to build services on the blockchain.
More than $2.4 billion in tokenized assets are currently active on XLM through several major platforms. The figures include government debt products, tokenized treasury offerings, and stablecoin infrastructure already running on the network.
Tokenized Asset Platforms Expand on Stellar
According to X Finance Bull, Spiko manages about $952.7 million in tokenized United States and European government debt on Stellar. Franklin Templeton’s BENJI platform accounts for approximately $674.8 million in assets on the network. X Finance Bull report states that Ondo Finance has deployed around $525.5 million on XLM.
The company is one of the largest participants in the tokenized treasury sector. However, Circle maintains about $269.2 million in USDC-related infrastructure connected to the network. Combined, these four platforms represent roughly $2.42 billion in tokenized assets operating on Stellar today.
Other organizations mentioned include WisdomTree, Société Générale’s FORGE division, Centrifuge, Etherfuse, Nyala, and Paxos. The growth of tokenized assets has become a major focus for financial institutions. These products allow traditional financial instruments to be issued and transferred using blockchain technology while remaining linked to real-world assets. Several asset managers and financial service providers have increased activity in this sector during the past few years. As a result, blockchain networks that support regulated financial products continue to attract institutional interest.
Financial Institutions Build Additional Services
Beyond tokenized assets, Stellar is also supporting payment and settlement services. MoneyGram’s stablecoin-related services operate on the network and serve millions of customers across multiple markets. The blockchain is also connected to Bermuda’s national payment infrastructure.
Meanwhile, 21X, described as the European Union’s first regulated distributed ledger technology securities exchange, has selected XLM as its blockchain foundation. Another development involves the Depository Trust & Clearing Corporation (DTCC). DTCC selected Stellar as its first public blockchain for tokenized securities initiatives.
The project is expected to focus on tokenized financial products, including stocks, exchange-traded funds, and treasury-related assets. The reported deployment timeline targets the first half of 2027. DTCC plays a central role in global securities processing and custody services. Market participants continue to monitor how tokenization projects progress as traditional financial institutions explore blockchain-based settlement systems and digital asset infrastructure.
