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The marketplace for tokenized U.S. Treasury debt is <\/b>booming<\/b><\/a>. The market worth of Treasury notes tokenized by public blockchains like Ethereum, Polygon, Avalanche, Stellar and others has <\/b>crossed above $1 billion<\/b><\/a> for the primary time,<\/b> information tracked by Tom Wan, an analyst at crypto agency 21.co<\/a>, present. Tokenized Treasuries are digital representations of U.S. authorities bonds that may be traded as tokens on the blockchain. The market worth has risen practically 10-fold since January final yr and 18% since conventional finance big BlackRock introduced<\/a> Etheruem-based tokenized fund BUIDL on March 20.<\/p>\n<\/div>\n[ad_2]\n","protected":false},"excerpt":{"rendered":"

[ad_1] The marketplace for tokenized U.S. Treasury debt is booming. The market worth of Treasury notes tokenized by public blockchains like Ethereum, Polygon, Avalanche, Stellar and others has crossed above $1 billion for the primary time, information tracked by Tom Wan, an analyst at crypto agency 21.co, present. Tokenized Treasuries are digital representations of U.S. […]<\/p>\n","protected":false},"author":1,"featured_media":50751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[108],"tags":[],"yoast_head":"\n