Tokenized Treasuries Market Cap Hits $2 Billion

The market for tokenized treasuries has experienced significant growth, reaching a market capitalization of $2 billion. This milestone was achieved in just 151 days after the market first hit $1 billion, which took over 452 days.

The rapid increase has been largely attributed to the launch of BlackRock’s BUIDL. At the current pace, it is projected that the market cap for tokenized treasuries will surpass $3 billion before Thanksgiving.

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