Tokenized U.S. Treasury Bond Market Reaches $770M, Ethereum Blockchain Holds Over $410M Value

WikiBit 2023-12-26 17:54

Tokenized U.S. Treasury Bond Market Hits $770 Million, Ethereum Blockchain Dominates with Over $410 Million Value

According to data from the RWA monitoring platform RWA.xyz, as of the time of writing, the market size of tokenized US Treasury bonds has grown from around $100 million at the beginning of the year to $770 million, marking an increase of over 600%.

Within this, the value of tokenized US Treasury bonds on the Ethereum blockchain amounts to $410.4 million, while the corresponding market value on the Stellar blockchain is $336.6 million.

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