Tokenized U.S. Treasuries have shown steady growth, reaching $7.09 billion, reflecting increased institutional confidence in blockchain-based securities.
Steady Growth of Tokenized Treasuries
Tokenized U.S. Treasuries have increased to $7.09 billion, showing a 1.25% growth over the week. BlackRock's BUIDL product approaches the $3 billion mark, indicating a rising interest in blockchain-based fixed-income securities. Currently, the market features 46 distinct tokenized assets with an average yield of 4.12%.
Development of Tokenized Products
Tokens like OUSG, USDTB, and USDY are contributing to growth and providing secure access to government debt with blockchain-enabled transparency. BlackRock's BUIDL has become a market leader in tokenized products, while other tokens such as FIUSD and BENJI are also adopting strategies to facilitate access to financial assets.
Growth of Real-World Assets and Treasuries
The total volume of real-world assets on-chain has reached $22.96 billion, nearly a third of which are tokenized treasuries. Private credit amounts to $13.2 billion and commodities total $1.5 billion. The number of asset holders has increased by 3.84% month-over-month, with 192 issuers now globally, reflecting the widespread adoption of tokenized assets.
Thus, the growth of tokenized treasuries and other real-world assets on the blockchain reflects a similar trend in the financial market, broadening opportunities for investors.