In response to a report by The Defiant, Fidelity’s tokenized U.S. Treasury fund based on Ethereum has grown by 15% up to now month, surpassing $250 million in measurement.
The report states that 2025 is the 12 months of RWA, and the full on-chain worth of RWA has now exceeded $36 billion, greater than doubling for the reason that starting of this 12 months. This market consists of tokenized U.S. Treasuries, bonds, and personal credit score.
Amongst these, non-public credit score accounts for greater than half of the trade’s market worth, reaching $18.7 billion. In phrases of the tokenization of these property, Ethereum dominates, holding $11.6 billion in risk-weighted property (RWA), which accounts for over 63.7% of the trade’s whole.
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