Ethereum Fuels $270 Billion Surge in Tokenized Assets Under Management

The market for tokenized assets has surged past a landmark of $270 billion in total assets under management (AuM). This significant growth indicates that established financial institutions are increasingly using blockchain technology to issue and manage diverse financial products. The new record reflects the inclusion of tokenized currencies, commodities, treasuries, private credit, and venture capital. Analysts attribute this expansion to the use of blockchain for faster settlement and improved accessibility for traditional firms.