According to BlockBeats, on July 16, 21.co strategy analyst Tom Wan stated on social media that DeFi projects' DAOs are diversifying their treasuries towards Real-World Assets (RWA), including stablecoins and tokenized US Treasuries. As tokenized US Treasuries mature, there are now over 15 products on EVM chains, managing assets close to $2 billion. For instance, Arbitrum has allocated 35 million ARB tokens (worth $27 million), and MakerDAO has allocated $1 billion.

Based on the strategies of Securitize and Blackrock, they aim to provide diversification for the crypto ecosystem, enabling it to gain risk-free US Treasury yields without leaving the blockchain ecosystem. With these projects allocating to tokenized US Treasuries, the total market value of tokenized US Treasuries could increase to over $3 billion by the end of 2024.