Top 6 Companies Dominate 88% of Tokenized Treasury Issuance, Including BlackRock

BlackRock, five others account for 88% of all tokenized treasury issuance – #CryptoUpdatesGNIT

New data from RWA.xyz, a platform tracking tokenized real-world assets, shows that six entities are responsible for 88% of all tokenized US Treasurys. The data suggests a concentration among a few funds as the market continues to develop. The largest issuer of tokenized treasures continues to be BlackRock. The company’s tokenized US treasury fund, called BUIDL, has a market capitalization of $2.5 billion, 360% higher than its nearest competitor.…

Top 6 Companies Dominate 88% of Tokenized Treasury Issuance, Including BlackRock

BlackRock and 5 other entities have launched 88 tokenized treasuries on the market. This move aims to revolutionize the way traditional assets are managed and traded on the blockchain. The tokenization of treasuries allows for greater liquidity, transparency, and accessibility for investors worldwide. By offering tokenized treasuries, these entities are opening up new opportunities for investors to diversify their portfolios and participate in t…