Tokenized bonds break historical capitalization record

What is this growing trend in the cryptocurrency industry all about?

Investment in tokenized treasury bonds grows

Tokens that offer indirect exposure to the Treasury bonds of the largest economic power, the United States, have gained great traction. So far in 2024 alone, the value of these cryptoassets in circulation went from less than 720 million to 1.5 billion dollars (USD).

With this doubling of value, this market niche shows the relevance they are

taking the real world assets (RWA). This term refers to those tokens that represent traditional assets, be it real estate, precious metals, bonds such as this case, among others.

RWAs, known in Spanish as “real world assets”, provide an innovative way to invest in traditional finance assets, facilitating their access and allowing the acquisition of fractional properties.

The bond token that currently has the highest value is BUIDL, which has more than USD 460 million, a figure it reached in just two months since its launch. This can be seen in just two months since its launch. This can be seen in the following graph from the Rwa.xyz on-chain data explorer.