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Data: The total market value of tokenized national debt has now exceeded 1.5 billion US dollars

Data: The total market value of tokenized national debt has now exceeded 1.5 billion US dollars

Bitget2024/06/11 10:30

According to a post by Bitcoin.com on platform X, the total market value of tokenized national debt has now exceeded $1.5 billion. The protocol for tokenized national debt and real-world assets (RWA) experienced significant growth in 2024. Since April, demand for equivalent items such as national debt, bonds, and cash including US Treasury bond tokenization assets has surged, leading to a 35% increase in the RWA track.

The total locked-in value (TVL) of @OndoFinance, a key participant in the RWA DeFi field, increased from $221 million to $507 million. Meanwhile BUIDL from BlackRock and FOBXX from @FTI_US reported growth of 65% and nearly 27%, respectively.

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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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