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The tokenization of alternative funds increased by 47% within 30 days, reaching $1.7 billion.
Golden Finance reports that, according to the data from the RWA tokenization tracker RWA.xyz, the Institutional Alternative Funds (IAF) have surged by 47% in the past 30 days, with a total market capitalization of $1.74 billion. According to data, all protocols except Libre Capital have seen growth in the past 30 days. Centrifuge led the way with a 252% increase in market capitalization, reaching $704 million. This gives it a market share of 40.4% in the IAF market. Following closely is Securitize, which holds a total of $652 million across its 14 tokenized IAFs, accounting for 37.5% of the market share. Other noteworthy protocols include Superstate (holding $206 million) and OnRe (holding $102 million in fund value).