🚀 BlackRock's BUIDL token, backed by U.S. Treasuries and issued with Securitize, has rocketed past a $500M market value in just four months! It's the first tokenized treasury product to hit this milestone. 🎉

DeFi protocols like Ondo Finance and Mountain Protocol are fueling this growth, using BUIDL as a backing asset for their yield-products. Digital asset brokers like FalconX and Hidden Road have also added the token to their collateral assets.

Tokenization of real-world assets is heating up, with U.S. Treasuries leading the charge. Many are racing to put traditional instruments like government bonds, private credit, and funds on blockchain rails for faster settlements and operational efficiencies. 🏁

The tokenized treasury market has more than doubled this year, growing to $1.8B from $780M in January. BlackRock's BUIDL claims a hefty 27% market share. Other major players like Franklin Templeton, Hashnote, and OpenEden also saw significant inflows. 💰

What's your take on the rise of tokenized treasuries? Share your thoughts below! #blockchain #DeFi #tokenization