Coin

<ul class="wp-block-list news-points">
 <li>Tokenized assets hit $10.9B, driven by private credit and U.S. Treasuries demand.</li>
 <li>$BUIDL fund’s growth attracts major institutions, boosting tokenized Treasury interest.</li>
 <li>OpenEden’s Moody’s “A” rating solidifies its status in the tokenized T-Bill market.</li>
</ul>
Tokenized asset markets have <a href="https://www.ournetwork.xyz/p/on-260-real-world-assets" target="_blank" rel="noopener noreferrer nofollow">reached</a> a new all-time high, surpassing $10.9 billion. This represents a 37.1% increase from the roughly $8 billion at the start of the year.
The surge is largely driven by heightened demand for private loans and U.S. Treasury debt. Currently, private credit makes up $8.1 billion of the market, while tokenized Treasuries account for $1.9 billion. Other tokenized asset classes remain under $1 billion each.
<a href="https://coinedition.com/tokenizations-temptations-can-wall-street-tame-the-defi-frontier/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">Tokenized</a> U.S. Treasury debt has grown significantly since the March launch of the $BUIDL fund. In just five months, this sector has expanded by $1.1 billion. The rise in tokenized Treasuries has caught the eye of major institutions like Goldman Sachs and Ripple, signaling a growing trend.
Meanwhile, tokenized gold continues to lead the commodity sector. Tether and Paxos are at the forefront with their gold-backed tokens, $XAUT and $PAXG, holding market caps of $455.7 mi…
The post <a href="https://coinedition.com/tokenized-assets-soar-to-10-9b-led-by-debt-treasuries/" rel="noopener noreferrer nofollow">Tokenized Assets Soar to $10.9B, Led by Debt &amp; Treasuries</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Tokenized Assets Soar to $10.9B, Led by Debt & Treasuries

Coin Edition

Other articles published on Aug 23, 2024

Former TON Foundation Leaders Introduce $40M Fund TON Blockchain Growth

Bittensor (TAO) Market Cap Rises 9%: Is It Undervalued With Huge Potential

Fed Chair Powell’s ‘Time Has Come for Rate Cut’ Fuels Crypto Rally

Chainlink Experiences Significant Recovery

Ripple Stablecoin Marks Historic Ethereum Milestone

Blockchain networking night: A key event hosted by LBank and SaitaChain in Dubai

Join our free newsletter for daily crypto updates!