Tokenized US Treasurys grew to 845M in 2023 CoinGecko

1. Tokenized US Treasuries with $8.45 trillion market cap projected for 2023: The article discusses the potential for tokenized US Treasuries to have an estimated market capitalization of $8.45 trillion by 2023. This indicates a significant interest and potential growth in the tokenization of traditional financial assets,particularly US Treasuries,through blockchain technology.

2. Advantages of tokenizing US Treasuries: Tokenizing US Treasuries can bring greater accessibility,liquidity,and efficiency to the asset class,offering benefits to both investors and the market as a whole. Blockchain technology can streamline the process of issuing and trading Treasuries,potentially revolutionizing the traditional financial ecosystem.

3. Impact on the crypto and traditional finance sectors: The integration of tokenized US Treasuries into the crypto space can bridge the gap between traditional finance and the digital assets realm. This development could lead to increased adoption of blockchain technology in mainstream finance and further blur the lines between traditional financial instruments and cryptocurrencies.



source https://titdoi.com/news/Tokenized-US-Treasurys-grew-to-845M-in-2023-CoinGecko