Ethereum Accounts for $16.8B of $35B Tokenized Fund Market Capitalization

Tokenized funds issued on Ethereum total $16.8 billion, giving the network the largest share of a market with a capitalization of about $35 billion as blockchain-based financial products expand.

The tokenized fund market has grown 1,028.8% over the past three years. BNB Chain ranks second with $4.4 billion in issued tokenized funds, while Stellar follows with $3.5 billion.

Tokenized funds represent financial products recorded on blockchains and can support fractional ownership. The figures place Ethereum well ahead of the other networks listed, highlighting its role in the market as traditional finance increasingly intersects with blockchain technology.

Ethereum also holds the largest share of Ondo’s tokenized assets across networks. Ondo has brought tokenized U.S. stocks and exchange-traded funds to multiple blockchain networks, including Ethereum, BNB Chain and Solana.

The market’s expansion reflects the use of blockchain infrastructure for products that traditionally rely on financial-market recordkeeping and settlement systems. Regulatory changes and market corrections may affect the sector as tokenized funds continue to develop.