New data from RWA.xyz reveals that six entities dominate 88% of all tokenized US Treasurys, indicating a concentrated market as it evolves. BlackRock leads as the largest issuer with its BUIDL tokenized US treasury fund, boasting a $2.5 billion market cap, surpassing its closest competitor by 360%. BlackRock manages $11.6 trillion in assets. The top six also include Franklin Templeton\u2019s BENJI, Superstate\u2019s USTB, Ondo\u2019s USDY, Circle\u2019s USYC, and Ondo\u2019s OUSG, holding assets worth millions. These funds collectively issue 88% of tokenized treasuries. Recent data from RWA.xyz shows consolidation among the largest tokenized treasury funds, with Circle\u2019s USYC being the only one experiencing a market cap decline. BUIDL saw a 291% increase from Jan. 1 to April 24, now representing 41.1% of the total tokenized US Treasurys market cap. The centralization of tokenized real-world assets raises concerns, as MEXC\u2019s COO Tracy Jin warns about the risks associated with assets on permissioned or semi-centralized blockchains. The tokenized real-world asset market is anticipated to flourish in 2025 due to regulatory clarity, interoperability, liquidity solutions, digital identity advancement, and fractional ownership, with the sector reaching a $21.3 billion market cap on April 21, according to RWA.xyz.<\/p>\n","protected":false},"excerpt":{"rendered":"
New data from RWA.xyz reveals that six entities dominate 88% of all tokenized US Treasurys, indicating a concentrated market as it evolves. BlackRock leads as the largest issuer with its BUIDL tokenized US treasury fund, boasting a $2.5 billion market cap, surpassing its closest competitor by 360%. BlackRock manages $11.6 trillion in assets. The top […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/112451"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=112451"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/112451\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=112451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=112451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=112451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}