Ethereum holds 43% share of the tokenized credit fund market as sector tops $7B

Nearly half of all tokenized credit funds live on Ethereum. That single stat tells you a lot about where institutional money is placing its infrastructure bets. According to data from RWA.xyz, Ethereum accounts for 42.9% of the tokenized credit fund market, which has grown to a distributed value of $7.29 billion. The represented value of the underlying assets is even larger, sitting at $36.67 billion. What’s actually being tokenized Tokenized credit isn’t just a buzzword layered onto existing DeFi lending. These are structured financial products, including collateralized loan obligations, specialty financing vehicles, and institutional credit facilities, wrapped in onchain tokens for faster settlement and broader distribution. Securitize has emerged as one of the most prominent players in this space. The firm launched the STAC AAA CLO fund with custody from BNY Mellon, built on Ethereum. It also partnered with Apollo Global Management on ACRED, a tokenized credit fund that reported an 8.77% annualized yield from March 2025 through February 2026. Other major platforms contributing to the sector’s growth include Centrifuge, Maple Finance, and Hastra, each carving out niches in crypto...