Tokenized Assets on Ethereum Surge Amid Institutional Interest

According to PANews, as of Tuesday, the total value of tokenized assets across all blockchains has reached approximately $314 billion. Ethereum accounts for $201 billion of this, representing nearly two-thirds of the market. Since January 2024, the assets under management (AUM) for tokenized funds on Ethereum have soared by nearly 2000%. This significant growth is attributed to institutional players like BlackRock and Fidelity introducing traditional investment products onto the blockchain.