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Tokenized Fund AUM on Ethereum Explodes 20x Since Jan 2024: BlackRock & Fidelity Lead Onchain Revolution

Tokenized Fund AUM on Ethereum Explodes 20x Since Jan 2024: BlackRock & Fidelity Lead Onchain Revolution

Hey folks, if you've been keeping an eye on the blockchain world, you've probably noticed how traditional finance is cozying up to crypto. A recent post from Token Terminal on X (formerly Twitter) highlights this trend in a big way: the assets under management (AUM) for tokenized funds on Ethereum have jumped by about 20 times since January 2024. That's not just growth—it's a full-on explosion.

For those new to the term, AUM refers to the total market value of assets that an investment company or fund manages on behalf of its clients. In this context, tokenized funds are digital versions of traditional investment products, like ETFs or treasury funds, that live on the blockchain as tokens. This setup brings perks like instant settlements, lower costs, and global access without the usual red tape.

The post points out that this surge is thanks to some of the biggest names in asset management deciding to go onchain. We're talking heavy hitters like BlackRock and Fidelity, who are bringing their fund products directly onto the Ethereum network. It's like Wall Street shaking hands with decentralized tech, and Ethereum is right in the middle of it.

Chart illustrating the 20x growth in tokenized fund AUM on Ethereum from January 2024 to July 2025

Looking at the chart shared in the original post, you can see the stacked growth over time, starting from nearly flat in early 2024 and climbing to around $7.5 billion by mid-2025. The key players stacking up that AUM include:

  • BlackRock (Ethereum)​: Leading the pack with their tokenized offerings.
  • Ondo Finance (Ethereum)​: Focused on real-world asset tokenization.
  • Superstate (Ethereum)​: Bringing ultra-short treasury funds onchain.
  • WisdomTree (Ethereum)​: Traditional ETF provider dipping into crypto.
  • Fidelity (Ethereum)​: Known for their spot Bitcoin and Ether ETFs, now expanding tokenized assets.
  • Midas (Ethereum)​: Specializing in tokenized treasuries.
  • OpenEden (Ethereum)​: Tokenizing government bonds and more.
  • Apollo (Ethereum)​: Asset management with a blockchain twist.
  • Spiko (Ethereum)​: Emerging player in onchain funds.
  • Franklin Templeton (Ethereum)​: Early adopter of blockchain for mutual funds.
  • VanEck (Ethereum)​: Famous for their crypto ETFs.
  • Blockchain Capital (Ethereum)​: Venture firm tokenizing investments.

This isn't just about numbers—it's a signal that blockchain is maturing. For meme token creators and traders, this mainstream adoption means more liquidity flowing into the ecosystem. Think about it: as institutions pour billions into Ethereum-based assets, it creates a more stable foundation for experimental projects like memecoins. Plus, tools and infrastructure improve, making it easier to launch and trade without the wild volatility swings.

If you're a blockchain practitioner, this trend underscores the importance of understanding real-world assets (RWAs). Platforms like Ethereum are becoming the backbone for hybrid finance, blending TradFi reliability with DeFi innovation. Keep an eye on updates from sources like Token Terminal for the latest data drops.

What's your take? Is this the start of a bigger onchain finance boom, or just hype? Drop your thoughts in the comments below, and stay tuned to Meme Insider for more insights on how these shifts impact the meme token scene.

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