A 33-network market for tokenized funds totaled $34.2 billion, with Ethereum taking a 47.1% share and BNB Chain and Stellar accounting for the next-largest portions.
BNB Chain represented 13% of the market, while Stellar accounted for 10.5%. Those percentages compare each network’s share of the tokenized funds’ combined market capitalization.
Tokenized funds are financial products represented on blockchain networks, where ownership can be divided into fractions. At an earlier point, Ethereum’s tokenized funds were measured at $16.8 billion, while the combined market was approximately $35 billion.
