Markets · By country
Tokenized assets by country
51 of 250 jurisdictions have at least one tokenized instrument or stablecoin in our data. The most: United States (1,859), Jersey (1,655), El Salvador (1,093), Brazil (942), British Virgin Islands (536). 199 have none we could find.
Counted by the issuer’s jurisdiction as each source states it — not by where an instrument may be bought. 7,000 of 8,413 instruments name a country; 773 are decentralised protocols and 640 state none. Stablecoins are counted by the currency they track (euro coins under the European Union). Register status comes from our register survey.
Where tokenized assets exist
| Country | Instruments | Issuers | Mostly | Stablecoins | Register |
|---|---|---|---|---|---|
| United States | 1,859 | 51 | Real Estate (1000), Tokenized Stocks (663), Tokenized ETFs (88) | 47 | register read |
| Jersey | 1,655 | 2 | Tokenized Stocks (1572), Tokenized ETFs (66), Tokenized Commodities (9) | — | register read |
| El Salvador | 1,093 | 2 | Tokenized Stocks (938), Tokenized ETFs (130), Tokenized Commodities (13) | — | register read |
| Brazil | 942 | 1 | Private Credit (686), Consórcio Quotas (194), Tokenized Stocks (33) | 4 | register read |
| British Virgin Islands | 536 | 8 | Tokenized Stocks (403), Tokenized ETFs (84), Tokenized Treasuries (31) | — | register read |
| Germany | 317 | 211 | Tokenized Bonds (262), Tokenized Stocks (41), Tokenized ETFs (9) | — | register read |
| Switzerland | 112 | 54 | Tokenized Stocks (73), Tokenized Treasuries (17), Tokenized Bonds (14) | 4 | register read |
| Japan | 97 | 37 | Real Estate (62), Tokenized Bonds (19), Alternative Funds (9) | 5 | register read |
| United Arab Emirates | 62 | 4 | Tokenized Stocks (58), Tokenized Bonds (2), Real Estate (2) | — | register read |
| Austria | 55 | 52 | Tokenized Bonds (53), Real Estate (1), Tokenized Commodities (1) | — | no public register |
| Luxembourg | 37 | 13 | Tokenized Bonds (30), Tokenized Stocks (4), Alternative Funds (2) | — | register read |
| Liechtenstein | 32 | 4 | Alternative Funds (18), Tokenized Stocks (10), Tokenized ETFs (2) | — | register read |
| European Union | 24 | 1 | Payment Stablecoins (22), Yield Stablecoins (2) | 25 | register read |
| France | 24 | 13 | Tokenized Bonds (12), Tokenized Treasuries (7), Payment Stablecoins (2) | — | register read |
| Panama | 16 | 1 | Real Estate (16) | — | no public register |
| Finland | 14 | 14 | Tokenized Bonds (14) | — | register read |
| Hong Kong | 13 | 2 | Tokenized Treasuries (12), Payment Stablecoins (1) | 1 | register read |
| Ireland | 12 | 1 | Tokenized Treasuries (6), Alternative Funds (6) | — | register read |
| Singapore | 11 | 8 | Tokenized Treasuries (5), Tokenized Bonds (4), Tokenized Commodities (1) | 1 | register read |
| Netherlands | 10 | 10 | Tokenized Bonds (10) | — | register read |
| Colombia | 9 | 1 | Real Estate (7), Payment Stablecoins (2) | 2 | register read |
| Lithuania | 8 | 8 | Tokenized Bonds (7), Tokenized Stocks (1) | — | register read |
| Serbia | 6 | 4 | Alternative Funds (3), Private Credit (2), Real Estate (1) | — | register read |
| United Kingdom | 5 | — | Payment Stablecoins (5) | 5 | register read |
| Spain | 5 | 5 | Tokenized Bonds (4), Real Estate (1) | — | register read |
| Italy | 5 | 5 | Tokenized Bonds (5) | — | register read |
| Australia | 4 | 1 | Payment Stablecoins (3), Tokenized Bonds (1) | 4 | register read |
| Canada | 4 | — | Payment Stablecoins (4) | 4 | register read |
| Mexico | 3 | 1 | Payment Stablecoins (2), Real Estate (1) | 2 | register read |
| Philippines | 3 | 1 | Payment Stablecoins (2), Tokenized Treasuries (1) | 2 | register read |
| Argentina | 2 | — | Payment Stablecoins (2) | 2 | register read |
| South Korea | 2 | — | Payment Stablecoins (2) | 2 | register read |
| Russia | 2 | — | Payment Stablecoins (2) | 2 | register read |
| China | 2 | — | Payment Stablecoins (2) | 1 | no public register |
| Bermuda | 2 | 2 | Yield Stablecoins (1), Tokenized Bonds (1) | — | register read |
| Isle of Man | 2 | 1 | Tokenized Commodities (2) | — | register read |
| Chile | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Ghana | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Kenya | 1 | — | Payment Stablecoins (1) | 1 | no public register |
| Malaysia | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Nigeria | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Peru | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Türkiye | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Ukraine | 1 | — | Payment Stablecoins (1) | 1 | no public register |
| South Africa | 1 | — | Payment Stablecoins (1) | 1 | register read |
| Belgium | 1 | 1 | Tokenized Bonds (1) | — | register closed |
| Greece | 1 | 1 | Tokenized Bonds (1) | — | register read |
| India | 1 | 1 | Tokenized Bonds (1) | — | register read |
| Malta | 1 | 1 | Tokenized Stocks (1) | — | register read |
| Qatar | 1 | 1 | Tokenized Bonds (1) | — | register read |
| Slovenia | 1 | 1 | Tokenized Treasuries (1) | — | no public register |
Where we have found nothing yet · 199
No instrument in our data names an issuer in these jurisdictions, and no stablecoin tracks their currency. That can mean there is none, or that what exists is not published anywhere we can read. If you know of one, tell us.
Afghanistanno public registerÅland Islandsunder another regimeAlbaniaunclearAlgeriano public registerAmerican Samoaunder another regimeAndorraregister readAngolano public registerAnguillaregister readAntarcticano public registerAntigua & Barbudaregister readArmeniaregister readArubano public registerAzerbaijanno public registerBahamasregister readBahrainregister readBangladeshno public registerBarbadosno public registerBelarusregister readBelizeregister readBeninregister readBhutanunclearBoliviaregister readBosnia & Herzegovinaregister readBotswanaregister readBouvet Islandno public registerBritish Indian Ocean Territoryno public registerBruneiregister readBulgariaregister readBurkina Fasoregister readBurundino public registerCambodiano public registerCameroonunclearCape Verdeno public registerCaribbean Netherlandsunder another regimeCayman Islandsregister closedCentral African Republicno public registerChadunder another regimeChristmas Islandunder another regimeCocos (Keeling) Islandsunder another regimeComorosno public registerCook Islandsno public registerCosta RicaunclearCôte d'Ivoireregister closedCroatiaregister readCubano public registerCuraçaoregister closedCyprusregister closedCzechiaregister closedDenmarkunclearDjiboutino public registerDominicaregister readDominican RepublicunclearDR Congono public registerEcuadorno public registerEgyptregister readEquatorial Guineaunder another regimeEritreano public registerEstoniaregister readEswatinino public registerEthiopiano public registerFalkland Islandsno public registerFaroe Islandsno public registerFijino public registerFrench Guianaunder another regimeFrench Polynesiaunder another regimeFrench Southern Territoriesno public registerGabonunder another regimeGambiaregister readGeorgiaregister readGibraltarregister readGreenlandno public registerGrenadaregister readGuadeloupeunder another regimeGuamunder another regimeGuatemalano public registerGuernseyregister readGuineano public registerGuinea-Bissauregister readGuyanano public registerHaitino public registerHeard & McDonald Islandsno public registerHondurasregister closedHungaryno public registerIcelandregister readIndonesiaregister readIranregister closedIraqno public registerIsraelunclearJamaicano public registerJordanno public registerKazakhstanregister readKiribatino public registerKuwaitno public registerKyrgyzstanregister readLaosno public registerLatviaregister readLebanonno public registerLesothono public registerLiberiano public registerLibyano public registerMacauregister readMadagascarno public registerMalawino public registerMaldivesno public registerMaliregister readMarshall Islandsregister readMartiniqueunder another regimeMauritaniano public registerMauritiusregister closedMayotteunder another regimeMicronesiaregister closedMoldovaregister readMonacounclearMongoliaregister readMontenegroregister readMontserratregister closedMoroccono public registerMozambiqueno public registerMyanmarno public registerNamibiano public registerNauruunclearNepalno public registerNew Caledoniaunder another regimeNew Zealandregister readNicaraguano public registerNigerregister readNiueno public registerNorfolk Islandunder another regimeNorth Koreano public registerNorth Macedoniano public registerNorthern Mariana Islandsunder another regimeNorwayregister readOmanno public registerPakistanregister closedPalauno public registerPalestineno public registerPapua New Guinearegister closedParaguayno public registerPitcairn Islandsno public registerPolandno public registerPortugalno public registerPuerto RicounclearRepublic of the Congounder another regimeRéunionunder another regimeRomaniano public registerRwandano public registerSamoano public registerSan Marinoregister closedSão Tomé & Príncipeno public registerSaudi Arabiaregister readSenegalregister closedSeychellesregister readSierra Leoneregister readSint Maartenunder another regimeSlovakiano public registerSolomon Islandsregister readSomaliaunclearSouth Georgia & South Sandwich Islandsno public registerSouth Sudanno public registerSri Lankano public registerSt. Barthélemyunder another regimeSt. Helenano public registerSt. Kitts & Nevisregister closedSt. Luciaregister readSt. Martinunder another regimeSt. Pierre & Miquelonunder another regimeSt. Vincent & Grenadinesregister readSudanno public registerSurinameno public registerSvalbard & Jan Mayenunder another regimeSwedenregister readSyriano public registerTaiwanregister readTajikistanno public registerTanzaniano public registerThailandregister readTimor-Lesteno public registerTogoregister readTokelauunder another regimeTongano public registerTrinidad & Tobagoregister readTunisiano public registerTurkmenistanno public registerTurks & Caicos Islandsno public registerTuvaluno public registerU.S. Outlying Islandsno public registerU.S. Virgin Islandsunder another regimeUgandano public registerUruguayregister closedUzbekistanregister readVanuaturegister closedVatican Cityregister readVenezuelaunclearVietnamno public registerWallis & Futunaunder another regimeWestern Saharano public registerYemenunclearZambiano public registerZimbabweregister read