# Tokenized Assets Excluding Stablecoins Reach $46.1 Billion By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/47842 Published: 2026-11-03T16:50:44.000Z Updated: 2026-11-03T16:50:44.000Z Section: Investing > U.S. Treasury bills led at $12.9 billion, while the three largest categories represented 66% of the market. The market for tokenized assets outside stablecoins totaled $46.1 billion, led by U.S. Treasury bills. The three largest categories made up 66% of the market, whose capitalization increased 930% over the past three years. Treasury bills accounted for $12.9 billion. Yield strategies followed at $11.8 billion, and credit funds totaled $5.6 billion. Together, the categories reached $30.3 billion, or about 65.7% of the total, rounded to 66%. An early-September overview highlighted [yield-generating and collateral-usable assets as key market drivers](). ## Links in this article - [yield-generating and collateral-usable assets as key market drivers](https://www.tokenpost.com/news/investing/33664)