PANews reported on March 31 that Jamie Coutts, chief cryptocurrency analyst at Real Vision, wrote on the X platform that the tokenization market has tripled in the past 12 months to $19 billion. Among them, the scale of private credit tokenization has increased by 1.7 times to $12 billion; the scale of U.S. Treasury tokenization has increased by 4 times to $4 billion; and the scale of stock tokenization has increased by 70 times to $450 million. He added that 75% of these assets under management (AUM) are managed on Ethereum or its Layer2 blockchain.