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Tokenized ETF chain market capitalization surpasses $430 million, Ondo Finance IVVon increases approximately 150% month-over-month
Mars Finance News: According to Token Terminal data, the total on-chain market capitalization of tokenized exchange-traded funds (ETFs) has reached $430 million. Ondo Finance’s IVVon token leads this category, having increased by approximately 150% on Ethereum over the past month. IVVon is a tokenized version of the iShares Core S&P 500 ETF, allowing users to gain on-chain exposure to traditional stock market indices. Additionally, the total market capitalization of on-chain euro stablecoins has exceeded $760 million, with 66% of euro stablecoins issued on Ethereum. The synchronized expansion of tokenized traditional assets and regional stablecoins indicates that the on-chain real-world asset and stablecoin infrastructure sectors are accelerating.