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

Dubai Court Recognizes Cryptocurrency Salary Payments as Legally Valid

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

Why OkayCoin is the Best Choice for Crypto Staking

Cryptos with 20x Potential in 2024

Trump Teases “The DeFiant Ones” Crypto Platform Amid Presidential Campaign

TRON Eyes $4 Billion in Revenue: Justin Sun’s Meme Token Strategy Fuels Growth

Join our free newsletter for daily crypto updates!