Tokenized US Treasuries Gain Popularity Among Digital Asset Investors
07/11 23:15
According to RWA.xyz, blockchain-based investment products that package U.S. Treasury bills, bonds, and money market funds into tokens have a total market value of $614 million. Digital asset investors have shown increasing interest in tokenized Treasuries as the yield on U.S. government bonds has surpassed yields in decentralized finance. Traditional finance bond yields have risen significantly due to the Federal Reserve Bank's interest rate hikes to combat inflation, while DeFi yields have plummeted. New blockchain-based Treasury products have been released this year, attracting sophisticated investors, digital asset firms, and decentralized autonomous organizations. The tokenization of real-world assets is a hot trend in the crypto industry and could reach a market value of $5 trillion over the next five years, according to wealth management firm Bernstein.
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