Tokenized funds reached a market capitalization of $37.8 billion in early November 2026, up roughly 941% since late 2023. Funds backed by U.S. Treasury bills now lead the market with $13.5 billion, ahead of yield strategies at $11.4 billion and credit funds at $8.3 billion. The growth reflects rising institutional demand for cash management on blockchain and access to Treasury yields. BlackRock, Circle, Ondo Finance and JPMorgan are competing for the same market, while only 0.4% of Treasury-backed funds are currently used in decentralized finance.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
