Jamie Coutts, Chief Cryptocurrency Analyst at Real Vision, stated in an article on X platform that the tokenization market has doubled in size over the past 12 months, reaching $19 billion. Among them, the scale of private credit tokenization increased by 1.7 times, reaching $12 billion; The scale of treasury bond token of the United States increased four times, reaching 4 billion US dollars; The scale of stock tokenization has increased 70 times, reaching $450 million. He added that 75% of these managed assets (AUMs) are managed on Ethereum or its Layer2 blockchain.