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Tokenized U.S. Treasury market cap tops $5 billion for the first time

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2025-03-26 00:13:57
On March 26th, according to CoinDesk, citing rwa.xyz data, the market value of tokenized US Treasury bonds exceeded $5 billion for the first time, increasing by $1 billion in just two weeks, mainly from the BUIDL products issued by BlackRock and Securitize. Fidelity is applying to launch a tokenized money market fund on Ethereum, claiming that RWA can improve capital efficiency and be used to meet margin requirements.
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