Solana’s Tokenized Fund Market Surges $468M in 2026 as RWA Ecosystem Hits $3.9B ATH

Solana leads growth as global asset managers expand tokenized investment products.

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The Solana network has recorded the largest year-to-date growth in tokenized credit funds, adding $468.2 million in market capitalization to bring the total to $664.3 million. Token Terminal data reveals that Solana’s growth exceeds the combined gains of every other tracked blockchain, with Monad and zkSync Era following at $110 million and $70.2 million, respectively.

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The surge comes as traditional financial institutions continue exploring blockchain-based investment products, pushing more regulated funds and real-world assets onto public networks.

Solana’s RWA Ecosystem Reaches $3.90B ATH

At the same time, Solana’s broader RWA ecosystem has reached an all-time high of $3.90 billion in total value, according to RWA.xyz data. The network now has 339,421 RWA holders, approaching the 340,000 mark.

The ecosystem currently hosts 2,676 different real-world assets.

Several major financial institutions have contributed to this expansion by bringing tokenized funds and investment products to Solana.

WisdomTree Expands Tokenized Funds to Solana

In January, $171 billion asset manager WisdomTree expanded its tokenized fund suite to Solana, enabling institutional and retail access.

Through WisdomTree Connect™ and WisdomTree Prime®, users can mint, trade, and hold tokenized funds onchain as part of its multi-chain strategy.

Gold Funds and Liquidity Products Move Onchain

In April, OCBC Bank, Lion Global Investors, and DigiFT launched Southeast Asia’s first tokenized physical gold fund, $GOLDX, on Solana backed by a $525.9 million gold fund.

Not long after, State Street and Galaxy Asset Management launched the SWEEP fund on Solana, allowing stablecoin holders to earn yield on idle capital with 24/7 liquidity.

Europe’s Largest Asset Managers Join Solana’s Tokenization Push

Amundi, Europe’s largest asset manager with €2.4 trillion AUM, partnered with Spiko to bring its SAFO fund to Solana under a UCITS structure.

Fellow European firm, Allfunds, administering over €1.8T in assets, expanded its tokenized funds to Solana in June via Project Harmonia, increasing institutional product availability onchain.

Sovereign Wealth Funds and TradFi Giants Join the Action

Last month, Mubadala Capital, managing $385 billion, brought its MCAS fund onchain across Solana, SUI, and Base, with over $75 million in commitments.

The move marks its first entry into onchain markets, following similar steps by BlackRock, Franklin Templeton, and Fidelity.

SEC Decision Strengthens Outlook for Tokenized Funds

Yesterday, August 12, the U.S. Securities and Exchange Commission’s Division of Investment Management issued a no-action letter to Franklin Templeton, allowing traditional registered funds to invest in the firm’s blockchain-based OnChain U.S. Government Money Fund.

The decision allows Franklin’s registered funds, including mutual funds and ETFs, to hold shares of the fund without meeting certain physical custody requirements under older regulations.

Franklin Templeton launched the fund, commonly known as BENJI, on Stellar in 2021 before expanding it to several blockchains, including Solana. The fund invests primarily in U.S. government securities and aims to maintain a stable $1 share price.

The latest regulatory development highlights growing acceptance of blockchain-based fund infrastructure as financial institutions continue experimenting with tokenized assets across multiple networks.