The post Tokenized Treasuries Surge to $5.6 Billion, Fueling Growth in RWAs: CoinGecko appeared on BitcoinEthereumNews.com.

The boom is being driven by rising investor demand for real-world returns. The tokenized U.S. Treasury market has grown more than 500% since the start of 2024, reaching a record $5.6 billion in market capitalization at the end of April, according to CoinGecko’s RWA Report 2025. That fivefold increase was driven mainly by rising investor demand for low-risk, yield-bearing assets, the report explains. A major spike also came in March, when the Trump administration announced new trade tariffs. BlackRock’s BUIDL fund, launched in 2024, quickly emerged as the largest player over the past year, capturing 44% of the tokenized Treasury market by April 2025. Since the start of the year, it has grown nearly 373%, reaching $2.5 billion in Treasuries by the end of April. As of today, that figure stands at $2.89 billion, according to RWA.xyz. The report explained that while tokenized Treasuries have spread across blockchains, the majority remains on Ethereum, followed by Stellar. Meanwhile, the number of unique on-chain holders remains small, with just over 11,000 addresses holding tokenized Treasuries. These findings highlight that real-world assets (RWAs) are shifting from a marginal position to becoming a central focus in crypto. This is largely driven by their ability to deliver real-world returns that appeal to both institutional and everyday investors. “The revival of [RWAs] in crypto marked one of 2024’s most quietly transformative narratives,” the report reads. “While attention remained fixated on memecoins, Layer 2 ecosystems, and political betting markets, RWA steadily evolved from a niche experiment into one of the most credible and capitalized sectors in crypto.” The report also found strong growth across other RWA categories such as fiat-backed stablecoins, which rose by $97 billion year-over-year, reaching a record $224.9 billion at the end of April. This growth was led by Tether’s USDT and Circle’s USDC,…

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Filed under: News - @ June 18, 2025 9:21 pm