Tokenized Fund Market Surpasses $34B with Ethereum Leading the Way

The tokenized fund market has reached an impressive $34.7 billion in total market cap, with Ethereum leading the way at $17.7 billion, or 51.2% of the total.

BNB Chain follows closely behind with $4.8 billion, while zkSync Era accounts for $3.2 billion.

The remaining 27%, approximately $9 billion, is distributed across a variety of chains that were not as prominent two years ago, including Stellar at $2.2 billion, Solana at $1.9 billion, Avalanche at $1.5 billion, and Injective at $1.1 billion.

The data snapshot from early August 2026 captures a market that has grown significantly through 2025 and into 2026, driven largely by institutional interest in tokenized money market funds and government securities.