# Stellar Hosts $4.5 Billion in Tokenized Funds, Trails Only Ethereum

By [The BSCN Debrief](https://paragraph.com/@bscnalpha), 2026-11-13

bsc news brief, crypto news

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Stellar now holds $4.5 billion in tokenized funds, ranking second globally behind Ethereum. The network has climbed from eighth place a year ago when it held $675.2 million. Three issuers dominate the platform: Spiko manages $2.1 billion, Franklin Templeton holds $1.3 billion, and Ondo's USDY totals $538.7 million.

The growth reflects rising institutional interest in tokenizing real-world assets. Stellar's fund offerings range from European retail products with low minimums to U.S.-registered mutual funds. Tokenized funds represent roughly three-quarters of all real-world asset value on the network, which ranks fourth overall across all asset categories when including other blockchains.

**Read the full story on BSC News:** [Stellar Ranks Second Behind Ethereum in Tokenized Funds With $4.5 Billion](https://bsc.news/news/stellar-second-tokenized-funds-ethereum?utm_source=paragraph&utm_medium=brief&utm_campaign=article_wire)

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*Originally published on [The BSCN Debrief](https://paragraph.com/@bscnalpha/stellar-hosts-dollar45-billion-in-tokenized-funds-trails)*