Data: The total market value of tokenized national debt has now exceeded 1.5 billion US dollars
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.
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.
You may also like
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
GLOBALFOUNDRIES Director Ganesh Moorthy Reports $93,687.50 Share Acquisition
Crypto prices
More
