The market for tokenized U.S. Treasury debt is чартылдап. The market value of Treasury notes tokenized through public blockchains like Ethereum, Polygon, Avalanche, Stellar and others has crossed above $1 billion биринчи жолу, data tracked by Tom Wan, an analyst at crypto firm 21.co, show. Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as tokens on the blockchain. The market value has risen nearly 10-fold since January last year and 18% since traditional finance giant BlackRock announced Etheruem-based tokenized fund BUIDL on March 20.
Source: https://www.coindesk.com/markets/2024/03/28/first-mover-americas-tokenized-treasury-notes-surpass-1b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines