Data: BlackRock and six other entities account for 88% of tokenized treasury issuance
according to RWA.xyz data, six entities hold 88% of tokenized US Treasury bonds. The largest tokenized wealth issuer is still BlackRock. The market value of the company's tokenized US Treasury bond fund BUIDL is $2.5 billion, 360% higher than its closest competitor. The top six funds also include Franklin Dampson's BENJI, with a market value of $707 million; Superstate's USTB, with a market value of $661 million; Ondo's USDY, with a market value of $586 million; Circle's USYC, with a market value of $487 million; and Ondo's OUSG fund, with a market value of $424 million. These six funds collectively account for 88% of all tokenized government bond issuances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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