Data: Fidelity's Ethereum-based tokenized fund surpasses $250 million in size, a 15% monthly increase.

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Fidelity's Ethereum-based tokenized U.S. Treasury fund grew 15% in a month, exceeding $250 million. The RWA market has surpassed $36 billion, with Ethereum dominating at over 63% of the total.

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Smart ContractsLayer 1FidelityEthereumTokenized FundRWAU.S. Treasury
According to Mars Finance, The Defiant reports that Fidelity's Ethereum-based tokenized U.S. Treasury fund has grown 15% in the past month, surpassing $250 million in size. The report states that 2025 is the year of Risk-Weighted Assets (RWA), and the total on-chain value of RWA has now exceeded $36 billion, more than doubling since the beginning of the year. This market consists of tokenized U.S. Treasury bonds, bonds, and private credit. Private credit accounts for more than half of the industry's market capitalization, reaching $18.7 billion. In terms of the tokenization methods of these assets, Ethereum dominates, holding $11.6 billion worth of Risk-Weighted Assets (RWA), representing over 63.7% of the industry's total.

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