According to RWAxyz data, the total value of tokenized US Treasury Bonds has surpassed $3 billion. This market had only exceeded $2 billion just 90 days prior. This increase is considered a result of Hashnote’s success with USYC ($1.11). At the beginning of 2024, the total value of tokenized bonds was below $750 million, representing a 300% increase on an annual basis.
Tokenized Assets
The RWAxyz analytics platform indicates that 2024 has been a significant year for asset tokenization. The total market value of tokenized assets has seen a 32% increase. Notably, tokenized US Treasury Bonds have crossed the $3 billion mark in just 90 days, marking a substantial milestone.
“Hashnote’s USYC success contributed to the rapid growth of the tokenized bond market.” – RWAxyz
Various classes of tokenized assets, excluding stablecoins, are expanding rapidly. The adoption of evolving regulatory frameworks in regions like the US, Middle East, and Hong Kong has encouraged traditional financial institutions to experiment more in the field, boosting institutional interest. Recently, Chainlink 
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