The market value of tokenized U.S. Treasury bonds has surpassed $5 billion for the first time

ChainCatcher news, according to CoinDesk citing data from rwa.xyz, the market value of tokenized U.S. Treasury bonds has surpassed $5 billion for the first time, growing by $1 billion in just two weeks, primarily driven by the BUIDL products issued by BlackRock and Securitize. Fidelity is applying to launch a tokenized money market fund on Ethereum, stating that RWA can enhance capital efficiency and be used to meet margin requirements.