Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Ethereum Holds 47.1% of $34.2 Billion Tokenized Fund Market

Picture: TokenPost

Ethereum held 47.1% of a $34.2 billion tokenized-fund market spanning 33 blockchain networks, giving it nearly half of the category’s value. BNB Chain ranked second with 13% of the market, followed by Stellar at 10.5%. The figures describe the distribution of market capitalization among tokenized funds across the networks. Tokenized funds are financial products recorded on blockchains, and their structure can support fractional ownership. An earlier market snapshot valued Ethereum’s tokenized funds at $16.8 billion in a roughly $35 billion market, as detailed in earlier coverage of Ethereum’s tokenized-fund position .

You are reading an excerpt. TokenPost wrote and owns the full article.

Continue reading at tokenpost.com

Related stories

More crypto news

All Crypto & Bitcoin