BlackRock and six other entities account for 88% of tokenized Treasury issuance

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ODAILY
04-26
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News: RWA.xyz data shows that six entities hold 88% of tokenized U.S. Treasury bonds. BlackRock remains the largest tokenized wealth issuer. The company's tokenized U.S. Treasury bond fund BUIDL has a market value of $2.5 billion, which is 360% higher than its closest competitor. The top six funds also include Franklin Templeton'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 Treasury bond issuance. (Cointelegraph)

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