The market value of tokenized funds has increased by about $2.7 billion over the past 90 days, bringing the total value of tokenized assets to roughly $38 billion by mid-August 2026, according to a Techub News item citing CryptoBriefing. The latest gains were driven mainly by two products: JPMorgan’s JLTXX and Ondo Finance’s USDY. JLTXX, a tokenized U.S. government money market fund issued on Ethereum, reached an estimated valuation of about $809 million after launching in May 2026. USDY, meanwhile, has grown to around $2.1 billion in market capitalization and can be used as collateral in DeFi. The report also said stablecoin issuers have become major buyers in this segment, pointing to rising institutional and onchain demand for tokenized fund products. Together, the figures highlight continued expansion in tokenized real-world asset markets over the past three months, with capital concentrating in a small number of large products.
Tokenized funds added about $2.7 billion in market value over the past 90 days, lifting the total value of tokenized assets to roughly $38 billion by mid-August 2026, according to Techub News, which cited CryptoBriefing.
JPMorgan and Ondo led the recent growth
The report said JPMorgan’s JLTXX and Ondo Finance’s USDY were the main sources of growth during the period.
JLTXX is a tokenized U.S. government money market fund on Ethereum. After launching in May 2026, its valuation rose to about $809 million.
USDY has reached a market capitalization of about $2.1 billion and can be used as collateral in DeFi.
Stablecoin issuers are becoming key buyers
CryptoBriefing also said stablecoin issuers have become important buyers in this market.
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