Cryptocurrency Q&A How much Treasury debt has been tokenized?

How much Treasury debt has been tokenized?

EnchantedSeeker EnchantedSeeker Mon Nov 18 2024 | 6 answers 750
I want to know the total amount of Treasury debt that has been converted into tokens. I'm interested in understanding the scale of tokenization in this specific area of finance. How much Treasury debt has been tokenized?

6 answers

Alessandra Alessandra Wed Nov 20 2024
According to data tracked by 21.co, a significant amount of U.S. Treasury notes has been tokenized using public blockchains.

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Riccardo Riccardo Wed Nov 20 2024
One such opportunity lies in the market for tokenized U.S. Treasury debt, which is currently experiencing a boom.

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isabella_taylor_activist isabella_taylor_activist Wed Nov 20 2024
The figure stands at $1.08 billion, indicating a growing trend in the digitization of traditional financial assets.

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Sofia Sofia Wed Nov 20 2024
Since January 2023, the tally of tokenized Treasury notes has seen a NEAR 10-fold increase.

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NavigatorEcho NavigatorEcho Wed Nov 20 2024
This surge can be attributed to the elevated interest rates observed worldwide, which have driven investors to seek alternative investment opportunities.

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