The Liquid Federation has today announced that the Liquid Network has surpassed $3.27 billion in total value locked (TVL), underscoring its growing role in enabling enterprises and regulated financial entities worldwide to issue, trade and settle a wide range of digital assets on Bitcoin’s secure foundation.
“Surpassing the $3 billion threshold marks a pivotal moment for both Liquid and Bitcoin, signaling the evolution of Bitcoin’s ecosystem into a full-fledged platform for global financial markets,” said Dr. Adam Back, CEO and Co-Founder of Blockstream, the Liquid Network’s official technical provider. “As Bitcoin gains mainstream acceptance, and demand for regulated asset tokenization accelerates, Liquid is better positioned than ever to bridge Bitcoin with traditional finance and drive the next wave of capital markets innovation.”
Bitcoin & Liquid Gain Ground in the Global Race to Tokenize Real-World Assets
Today’s Liquid milestone comes amid a surge in global real-world asset (RWA) tokenization initiatives. In just the past month, the sector has seen significant developments, including a move by Blackrock, the world’s largest asset manager, to tokenize a $150 billion Treasury fund.
According to a 2025 report by Security Token Market, a research and analytics firm specializing in tokenized assets, the total tokenized asset market is projected to grow to $30 trillion by 2030. This rapid expansion underscores the growing demand worldwide for scalable, secure digital assets infrastructure.
Conceptualized in 2014 and launched in 2018 as Bitcoin’s first sidechain, Liquid is governed by a geographically distributed federation of more than 80 exchanges, digital asset managers and infrastructure providers. Key advantages include fast, low-cost confidential transactions, advanced features such as atomic swaps and robust smart contracts.
Blockstream's AMP platform, available on Liquid, facilitates the creation of tokenized real-world assets and financial products including more than $1.8B in tokenized private credit. Additional offerings include sovereign fixed income instruments such as U.S. Treasury notes, as well as tokenized credit and currency products.
Scaling Bitcoin Capital Markets Worldwide
To meet growing demand, the Liquid Federation is expanding developer resources and technical onboardings, as well as integrations with exchanges, custodians and service providers. Recent bootcamps and high-profile meetings with policymakers across Asia, Europe and Latin America reflect the network’s expanding global footprint, with more such initiatives scheduled for later this year.
Looking ahead, the Federation is on track to enhance Liquid’s smart contract capabilities with the mainnet release of Simplicity, while also broadening support for asset issuances and deepening partnerships with financial institutions. Together, these steps aim to strengthen Liquid’s position as the foundation for the next wave of tokenized finance on Bitcoin.
Enterprises and regulated financial entities interested in learning more can visit liquid.net, join the community on Telegram and X, or contact the Federation directly to explore integration, technical onboarding, or partnership opportunities.