[Fidelity's Ethereum-Based Tokenized Fund Surpasses $250 Million]
Fidelity's Ethereum-based tokenized U.S. Treasury fund has grown by 15% over the past month, with its size now exceeding $250 million. The current on-chain total value of risk-weighted assets (RWA) has surpassed $36 billion, more than doubling since the beginning of the year. Among these, private credit accounts for more than half of the market value, reaching $18.7 billion. Ethereum dominates in tokenized assets, holding $11.6 billion in RWA, accounting for over 63.7% of the industry's total.