Ethereum Holds 39.7% of $37.8 Billion Tokenized Fund Market

Ethereum held 39.7% of the $37.8 billion tokenized fund market, the largest share among products spread across 35 blockchain networks.

Stellar ranked second at 11.9%, while BNB Chain held 11.8%. Together, the three networks represented 63.4% of the market.

Tokenized funds are financial products recorded on blockchains, a structure that can support fractional ownership. The percentages show how the market's value was distributed across networks.

An earlier market snapshot put Ethereum at 47.1% of a $34.2 billion market spanning 33 networks. The latest figures show Ethereum's share down 7.4 percentage points as the market's total value rose by $3.6 billion and its network count increased by two.