Token Terminal reports tokenized funds market cap at $35B, up 1,028.8% over three years

Key facts

• Token Terminal reports the tokenized funds market cap at $35B, up 1,028.8% over the past three years.
• Sky-issued tokenized funds lead all issuers with a $4.8B market cap, per Token Terminal.
• Securitize-issued tokenized funds rank second at $3.8B, per Token Terminal.
• Tokenized funds issued by Ondo, Spiko, and Franklin Templeton each hold $2.6B, per Token Terminal.
• Token Terminal's issuer chart also lists Circle at $2.4B, Tradable at $2.3B, Maple Finance at $1.5B, WisdomTree at $1.3B, and Ethena at $1.2B.
• Ethereum leads all chains with $16.8B in tokenized funds issued on the network, per Token Terminal.
• BNB Chain ranks second with $4.4B in tokenized funds, per Token Terminal.
• Stellar ranks third with $3.5B in tokenized funds, per Token Terminal.
• Token Terminal's chart lists zkSync Era at $3.3B and Solana at $2.2B as the next largest chains for tokenized funds.
• Token Terminal's breakdown also shows Avalanche at $1.1B, Injective at $1.1B, Arbitrum One at $909.1M, Polygon at $289.6M, and Sei EVM at $275.0M in tokenized funds.
• Ethereum leads with $16.8B in tokenized funds issued on the chain, per Token Terminal.