Fidelity's Ethereum-Based Tokenized U.S. Treasury Fund Sees Significant Growth

According to ChainCatcher, Fidelity's Ethereum-based tokenized U.S. Treasury fund has experienced a 15% growth over the past month, with its scale surpassing $250 million. Reports indicate that 2025 is anticipated to be the year for Real World Assets (RWA), as the total on-chain value of RWA has now exceeded $36 billion, more than doubling since the beginning of this year. The market is composed of tokenized U.S. Treasuries, bonds, and private credit. Private credit accounts for more than half of the industry's market value, reaching $18.7 billion. In terms of the tokenization of these assets, Ethereum plays a dominant role, holding $11.6 billion worth of risk-weighted assets (RWA), which constitutes over 63.7% of the industry's total.