The post BlackRock and six others control 88% of tokenized US treasuries appeared on BitcoinEthereumNews.com.

  BlackRock’s BUIDL has grown by 291% from the 1st of January to the 26th of April 2025. Six funds named BUIDL, BENJI, USTB, USDY, USYC, and OUSG are controlling 88% of all tokenized U.S. treasuries. Amid the booming tokenized real-world asset market, it appears that only a few major players are controlling the overall market. According to data from the real-world asset platform rwa.xyz, tokenized U.S. treasuries have now reached a new all-time high of $6.16 billion in value. These entities control 88% of the tokenized U.S. treasuries Tokenized U.S. treasuries on the blockchain were valued at $4.01 billion in January 2025. Since then, their value has surged by 53.62%, reaching $6.16 billion. This sharp increase highlights growing institutional interest and confidence in blockchain as a tool for modernizing fixed-income markets. The data also reveals that six entities—BlackRock BUIDL, Franklin Templeton BENJI, Superstate USTB, Ondo USDY, Circle USYC, and Ondo OUSG—control 88% of all tokenized U.S. treasuries. BlackRock BUIDL leads the pack BlackRock’s BUIDL, representing the USD Institutional Digital Liquidity Fund, has emerged as the industry leader in blockchain-based U.S. treasuries. It holds a market capitalization of $2.5 billion, making it 360% larger than the next biggest fund. The other top contenders are: Franklin Templeton’s BENJI, with a market cap of $706.78 million Superstate’s USTB, with a market cap of $652.32 million Ondo’s USDY, with a market cap of $586 million Circle’s USYC, with a market cap of $487 million Ondo’s OUSG, holding assets worth $424 million Collectively, these six funds control 88% of all tokenized U.S. treasuries issued, underscoring their dominance in the space. Source: rwa.xyz Superstate’s USTB posts rapid growth Superstate’s USTB has seen a significant rise in market capitalization, increasing by 57.99% over the past thirty days. Meanwhile, BlackRock’s BUIDL has experienced rapid adoption, growing by…

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Filed under: News - @ April 27, 2025 8:05 am