BREAKING: Tokenized private fund ownership hits $2.10B, with one product dominating the market. The BCAP fund managed by Blockchain Capital and tokenized through Securitize holds $971.6M, accounting for 46% of all transferable tokenized ownership in private funds and companies. BCAP, Titan III Equity Token, and Hera I Equity Token together represent 72% of the $2.10B category. The concentration underscores early-stage RWA adoption: a handful of large issuances carrying the narrative rather than broad institutional distribution.

RWA-1.67%
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