Avalanche recorded a sharp increase in tokenized real-world assets during the fourth quarter of 2025, with total onchain value rising 68.6% to more than $1.3 billion, according to Messari. Growth was driven largely by the launch of BlackRock’s USD Institutional Digital Liquidity Fund, which added roughly $500 million in assets to the network.
Institutional activity also expanded through partnerships with financial infrastructure providers. FIS worked with Avalanche-based Intain to bring tokenized loans onchain, while S&P Dow Jones and Dinari launched a digital markets index tracking crypto-linked equities and tokens on the network. The developments signal growing comfort among traditional firms experimenting with blockchain-based settlement.
Despite these gains, Avalanche’s AVAX token declined sharply, falling nearly 60% in Q4 and extending losses into early 2026. The divergence underscores a growing gap between network-level adoption and token market performance.
