Fidelity's Ethereum-based tokenized fund surpasses $250 million in scale, with a 15% monthly growth

Jinse Finance reported that Fidelity's Ethereum-based tokenized US Treasury fund has grown by 15% in the past month, with its scale surpassing $250 million. According to the report, 2025 is considered the year of RWA, and the total on-chain value of RWA has now exceeded $3.6 billion, more than doubling since the beginning of this year. This market consists of tokenized US Treasuries, bonds, and private credit. Among them, private credit accounts for more than half of the industry's market value, reaching $1.87 billion. In terms of how these assets are tokenized, Ethereum holds a dominant position, with $1.16 billion worth of risk-weighted assets (RWA), accounting for more than 63.7% of the industry's total.