Ethereum Dominates Tokenized Funds Market with 51% Share
Ethereum's dominance in the tokenized funds market has been solidified, accounting for an impressive 51% of the total $34.3 billion market share.
This is according to crypto commentator @tokenterminal, who notes that Ethereum's significant influence in the blockchain ecosystem suggests a sustained interest in tokenized assets among institutional investors.
The distribution of tokenized funds across various blockchains reveals a competitive landscape, with BNB Chain and zkSync Era trailing behind at 13.9% and 9.3%, respectively.