Tokenized institutional funds arise 47% at $ 1.74b

Tokenized institutional funds arise 47% at $ 1.74b

The tokenized institutional funds (IAF) increased 47% in the last 30 days, reaching a total value of $ 1.74 billion, according to data from the real world asset tokenization tracker (RWA) Rwa.xyz.

The data presented That all protocols, except free capital, had percentage increases in the last 30 days. Centrifuge led growth, expanding its market capitalization by 252% to $ 704 million. This gave the issuer a market share of 40.4% for IAFS.

In addition to the IAFS, Centrifuge also had almost $ 400 million in US treasury products. UU. Tokenized, which raised its total value (TVL) to more than $ 1 billion. This allowed Centrifuge to join Blackrock and Ondo Finance’s back to overcome the RWA milestone of $ 1 billion.

Securitize continued with $ 652 million in 14 tokenized IAF, which represents 37.5% of the market. Other notable protocols included supersthe with $ 206 million and onre with $ 102 million in fund value.

Table of the Institutional Funds League. Source: Rwa.xyz

What are institutional alternative funds?

The institutional alternative funds, or IAF, are professionally administered investment vehicles that assign capital to assets of assets outside the traditional actions and bonds. These include coverage funds, private capital, private credit, risk capital and assets such as real estate or infrastructure.

The tokenization of these funds leads them to the block chain, which allows them to access the benefits that include a faster agreement, broader access to investors and greater transparency.

The protocols that bring such funds to Blockchains highlight a growing demand for RWA token among traditional financial institutions.

Although the tokenized IAF increased in value, the RWA.XYZ data show that the monthly active addresses fell by more than 50% to 21,867 in the last 30 days, while the number of holders increased by 13.5% to 114,922.

This suggests that professional institutions or investors may be consolidating their funds in less addresses. It also suggests that new investors can be buying and having, pointing to long -term confidence in the investment vehicle.

Related: Coinshares informs a 26% increase in AUM to $ 3.46b in the second quarter

Ethereum remains the most dominant block chain for tokenized IAF

Rwa.xyz’s data showed that Ethereum remained the most dominant network for tokenized IAF. Blockchain houses $ 1 billion in total value, which is more than half of the entire market.

Mantle and Zksync’s era continued with $ 218.8 million and $ 214.8 million, respectively, while Solana represented $ 135.2 million. Networks such as Plume and Avalanche had smaller amounts, $ 59.2 million and $ 41.2 million.

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Institutional funds Total value per network. Source: Rwa.xyz

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