Tokenized Money Market Funds
Tokenized money market funds put shares of a regulated money market fund onchain. Each token is a fund share, usually priced at $1, and pays the fund's yield. As of Oct 5, 2026, the 19 products tracked in tokenized money market funds hold $523M, up 24.8% over 30 days. The largest are Plume Vaults ($231M), R25 ($134M), BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ($50.3M), together 79.4% of the total.
Earlier values are estimated: each day's change is measured on the products with history that day.
Largest tokenized money market funds
| # | Asset | Issuer | Value | 7D | 30D |
|---|---|---|---|---|---|
| 1 |  Spiko Amundi Overnight Swap Fund (EUR)EURSAFO | Spiko | $1.52B mc | +2.4% | +23.9% |
| 2 |  Spiko EU T-Bills Money Market FundEUTBL | Spiko | $656M mc | -12.6% | -25.7% |
| 3 | - | $231M | +4.5% | +61.1% | |
| 4 |  Spiko Amundi Overnight Swap FundSAFO | Spiko | $216M mc | +4.8% | +31.8% |
| 5 |  Spiko US T-Bills Money Market FundUSTBL | Spiko | $166M mc | -0.8% | -2.2% |
| 6 | - | $134M | -0.4% | +1.1% | |
| 7 |  BlackRock Daily Reinvestment Stablecoin Reserve VehicleBRSRV | - | $50.3M mc | - | - |
| 8 | - | $39.7M | +0.0% | -0.0% | |
| 9 |  Fidelity USD Digital Liquidity Fund-AccFILQ-A | - | $25.6M mc | - | - |
| 10 | - | $18.3M | -5.3% | -17.9% | |
| 11 |  Spiko UK T-Bills Money Market FundUKTBL | - | $13.6M mc | - | - |
| 12 | Resolv | $7.28M | -11.6% | +11.2% | |
| 13 | - | $3.26M | - | - | |
| 14 | - | $8.20K | +0.0% | +0.1% | |
| 15 | Circle | $0 | - | - | |
| 16 | Securitize | $0 | - | - | |
| 17 | Spiko | $0 | - | - | |
| 18 | WisdomTree | $0 | - | - | |
| 19 | Asseto Finance | $0 | - | - | |
| 20 |  Franklin Templeton BENJIBENJI | Franklin Templeton | - mc | - | - |
Tokens already counted inside another product, and platform tokens, are listed but not added to the total.
Tokenized Money Market Funds by chain
- Money market funds on Pharos$134M
- Money market funds on Ethereum$91.6M
- Money market funds on Plume Mainnet$78.9M
- Money market funds on Solana$33.3M
- Money market funds on Binance$32.8M
- Money market funds on zkSync Era$18.3M
- Money market funds on Sei$14.7M
- Money market funds on Avalanche$8.30M
- Money market funds on Aptos$6.61M
- Money market funds on Immutable zkEVM$6.27M
- Money market funds on Sui$4.06M
- Money market funds on Near$4.00M
Tokenized Money Market Funds issuers
Guides
- How to Invest in BlackRock BUIDL (and Who Can)
- RWAs vs Stablecoins: What's the Difference?
- How RWAs Are Used in DeFi: Collateral, Stablecoin Reserves and Yield
- Tokenized Money Market Funds: How Onchain MMFs Work
- Tokenized Treasuries Explained: How They Work and the Largest Funds
- Who Can Buy RWAs? KYC, Accredited and Qualified Investors Explained
Tokenized Money Market Funds FAQ
What is tokenized money market funds?
Tokenized money market funds put shares of a regulated money market fund onchain. Each token is a fund share, usually priced at $1, and pays the fund's yield.
How big is the tokenized money market funds market?
As of Oct 5, 2026, the 19 products tracked in tokenized money market funds hold $523M, up 24.8% over 30 days. The largest are Plume Vaults ($231M), R25 ($134M), BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ($50.3M), together 79.4% of the total.
Which blockchain has the most tokenized money market funds?
Pharos, with $134M in tokenized money market funds where a per-chain split is published. Next are Ethereum, Plume Mainnet, Solana. 19 chains carry at least one product in this category.
Who are the largest tokenized money market funds issuers?
Resolv ($7.28M), Spiko ($0), Circle ($0), Securitize ($0).
Other asset classes
- Tokenized Private Credit$26.5B
- Tokenized Stocks & ETFs$3.02B
- Tokenized Treasuries$2.96B
- Tokenized Bonds & Fixed Income$1.19B
- Tokenized Gold$871M
- Tokenized Real Estate$404M
- Tokenized Commodities$1.25B
- Other Real-World Assets$293M
- Tokenized Trading Strategies$132M
- Tokenized Private Equity & Pre-IPO$122M
- Tokenized Collectibles$7.29M
- Tokenized Carbon Credits$1.50M
- RWA Crowdfunding$42.6M
- Onchain Equity$6.50K
- RWA Crypto Tokens$30.5B