đž The market value of tokenized US Treasury bonds has seen a major surge this year, blowing past the $1.5 billion mark! đ
In the last three months alone, tokenized Real World Assets (RWAs) - including treasury bonds, bonds, and cash equivalents - have grown by an impressive 35% đ„.
During this same period, the Total Value Locked (TVL) in Ondo Finance, a top DeFi protocol specializing in RWAs, has jumped from $221 million in April to $507 million đž.
Leading the pack is BlackRock's BUIDL, a digital liquidity fund that's grown a whopping 65% since the start of the quarter đ, pushing the total market value of tokenized treasury bonds over the $1.5 billion mark đž.
And right behind it is Franklin Templeton's FOBXX, an on-chain US government money fund that's seen a growth of nearly 27% đ.
What do you think? Are we seeing a shift in investor confidence towards tokenized assets? Share your thoughts! đŹ