Fidelity’s Ethereum-based tokenized U.S. Treasury fund has demonstrated significant growth, experiencing a 15% increase in the past month, with its assets exceeding $250 million. Recent reports point to 2025 as the year for Real World Assets (RWA) to reach prominence. On-chain data reveals that RWA’s total value has surpassed $36 billion, more than doubling since the beginning of this year. This burgeoning market encompasses tokenized U.S. Treasuries, bonds, and private credit. Private credit accounts for over 50% of the industry’s market capitalization, reaching a value of $18.7 billion. Ethereum plays a central role in this sector, holding a dominant position with $11.6 billion worth of risk-weighted assets (RWA), accounting for more than 63.7% of the entire industry’s total.