Explosive Growth in Tokenized US Treasury Market Hits $8.48 Billion

The tokenized United States Treasury market is experiencing unprecedented growth, driven by an increasing shift among investors toward blockchain-based, yield-generating assets. This rapidly expanding sector has reached a significant valuation of $8.48 billion—equivalent to approximately KRW 12 trillion.

Steady Weekly Growth in the Tokenized Treasury Market

Data from RWA.xyz, a specialized platform analyzing real-world asset tokenization (RWA), highlights the swift expansion of the market. Between October 17 and October 24, the tokenized US Treasury market grew by 1.31%, supported by a robust net inflow of $110 million (approximately KRW 158.4 billion) during that timeframe.

Additionally, the average weekly yield rose slightly to 3.82%, while the number of holders expanded by 1.65%, reaching a total of 53,211 individuals. These figures reflect consistent investor interest and the appeal of blockchain-powered Treasury assets as a tangible alternative investment vehicle.

Industry Giants Lead the Charge

The market for tokenized Treasuries is predominantly driven by industry heavyweights. BlackRock’s BUIDL program, which operates across seven blockchain networks via the Securitize platform, holds the top spot with $2.85 billion (approximately KRW 4 trillion) in tokenized Treasury assets under management.

Following BlackRock, Franklin Templeton manages $852 million (approximately KRW 1.2 trillion), while Ondo Finance accounts for $788 million (approximately KRW 1.1 trillion). These institutional players are shaping the future of tokenized asset management, highlighting a growing interest in blockchain solutions from mainstream financial firms.

Ethereum Dominates Blockchain Infrastructure

The underlying blockchain infrastructure supporting tokenized Treasury assets reveals Ethereum as the dominant force, hosting $4.3 billion (approximately KRW 6 trillion) worth of the Treasury market's total value.

Trailing Ethereum, Avalanche stands in second place with $638 million (approximately KRW 918.6 billion) in assets, followed by Stellar, which manages $609.8 million (approximately KRW 878 billion). These platforms are serving as key technological enablers, allowing seamless integration between traditional finance methods and decentralized blockchain systems.

Bridging TradFi and DeFi through Tokenized Treasuries

As tokenized Treasury assets continue gaining momentum, industry experts emphasize their transformative role in enhancing liquidity infrastructure. Once viewed as a niche investment trend, these assets are now proving to be a pivotal bridge linking traditional finance (TradFi) and decentralized finance (DeFi).

The rapid evolution of real-world asset tokenization, including Treasuries, presents innovative opportunities for liquidity management within blockchain ecosystems. Investors benefit from not only the convenience of digital assets but also the ability to tap into yield-generating strategies previously limited to conventional financial markets.

The Future of Tokenized Treasuries

The trajectory of tokenized Treasuries points to significant potential for traditional and decentralized finance. As capital continues to flow into blockchain-powered assets, this burgeoning market is poised to revolutionize how liquidity is managed globally. Through the seamless connectivity between TradFi and DeFi, tokenized Treasuries could redefine investment frameworks and emerge as an integral part of the broader financial ecosystem.