According to the data, Solana recorded the largest increase in the market for a monetized credit fund since this year, with a new market value of $468.2 million and a total of $664.3 million. This increase is higher than the combined growth of other tracked public chains, indicating that traditional financial institutions are continuing to deploy more funds and real-life asset products to open block chains.

RWA's total value increased to $3.9 billion.

According to RWA.xyz, the total ecological value of Solana as a whole has risen to $3.9 billion, a record high. There are currently 339,421 RWA holders, close to 340,000; the number of real-life assets in the chain amounts to 2,676.

This round of expansion was driven mainly by monetization funds and liquid products. As more regulated products enter the chain, Solana ' s share in the institutional RWA market continues to rise.

Multi-capitalized landfall products

In January this year, WisdomTree, which manages 17.1 billion dollars, expanded its monetization fund products to Solana, open to institutional and retail users. Users can obtain, trade and hold related funds in the chain through WisdomTree Connect and WisdomTree Prime.

In April, the Chinese Overseas Bank, Lion Global Investors and DigiFT launched the first South-East Asian in-kind gold fund in Solana in the amount of $GOLDX, the base of which corresponds to a gold fund of $525.9 million. Subsequently, State Street and Galaxy Assembly Management launched the SWEEP Fund in Solana, which provides 24-hour liquidity and returns to stable currency holders.

European Governance and Sovereign Capital Accession

European institutions are also accelerating their deployment. Managed 2.4 trillion Euro Amundi in partnership with Spiko introduced the SAFO Fund into Solana with the UCITS structure. Allfunds, which manage assets in excess of €1.8 trillion, expanded the monetization fund to Solana in June through Project Harmonia, increasing the chain of products available to the institution.

Last month, Mubadala Capital, which managed $38.5 billion in size, also deployed MCAS funds to Solana, Sui and Base, and has secured over $75 million in committed funds. This is its first entry into the chain, and the path is close to those of Blackrock, Franklin Templeton and Fidelity.

Franklin Templeton won't take action.

On 12 August, the Investment Management Department of the United States Securities Commission sent a no-action letter to Franklin Templeton, allowing the Traditional Registered Fund to invest in the company ' s chain of United States Government money market funds. The fund, Benji, was first launched on Stellar in 2021 and has since been extended to a number of block chains, including Solana.

BENJI invests mainly in United States Government securities and aims to maintain a stable net value of $1 per share. Recent developments at the regulatory level also provide a clearer operational space for tokenization funds to continue to enter the mainstream financial management system.