Tokenized institutional fund AUM grows 47% in one month

The total assets under management (AUM) in tokenized institutional alternative investment funds (IAFs)—which invest in asset classes outside of traditional stocks and bonds—grew by 47% over the past 30 days to reach $1.74 billion, Cointelegraph reported. According to data from RWA.xyz, Centrifuge leads the market with $700 million in AUM, representing a 40.4% share, followed by Securitize with $650 million and Superstate with $210 million. More than half of all tokenized IAFs are built on the Ethereum network.