The tokenized asset market has reached a new all-time high, surpassing $10.9 billion, representing a 37.1% increase from the start of the year.
Growth of Tokenized Assets
The surge is largely driven by heightened demand for private loans and U.S. Treasury debt. Currently, private credit makes up $8.1 billion of the market, while tokenized Treasuries account for $1.9 billion. Other tokenized asset classes remain under $1 billion each.
Rising Interest in Treasuries
Tokenized U.S. Treasury debt has grown significantly since the March launch of the $BUIDL fund. In just five months, this sector has expanded by $1.1 billion. The rise in tokenized Treasuries has caught the eye of major institutions like Goldman Sachs and Ripple, signaling a growing trend.
Market Leaders in Tokenized Gold
Tokenized gold continues to lead the commodity sector. Tether and Paxos are at the forefront with their gold-backed tokens, $XAUT and $PAXG, holding market caps of $455.7M...
The sustained growth of the tokenized asset market, especially in the segments of private credit and U.S. Treasuries, indicates significant structural changes in the digitalization of financial instruments.
Comments