💥BlackRock's BUIDL Emerges as Global Leader in RWA Tokenized Treasury Funds - Hits $375M, Surpassing Franklin Templeton's BENJI!🤑

Here's why this matters and how you can ride the jamboree to make a ton of money.

BlackRock's BUIDL, a new player in the tokenized treasury fund market, has quickly claimed the top spot, surpassing Franklin Templeton's BENJI fund in just six weeks. According to Dune Analytics, BUIDL's market cap surged to $375 million this week, outpacing BENJI's $368 million. This growth came as BUIDL attracted $70 million last week, with $50 million from Ondo Finance's OUSG token, a real-world asset tokenization firm.

While BUIDL's assets under management (AUM) are on the rise, BENJI's dropped by 3.7% over the same timeframe. Blockchain-based tokenization of real-world assets is gaining traction, with more than $1.2 billion worth of U.S. Treasurys now on Ethereum, Polygon, Solana, and other blockchains. BlackRock CEO Larry Fink believes tokenization could improve the efficiency of capital markets, making them more accessible and transparent.

Despite the hype, investor demand for tokenized products is still low. According to 21.co's Tom Wan, liquidity issues create a "chicken and egg problem," with issuers hesitant to tokenize without strong demand. However, Wan notes that the $140 billion stablecoin market already relies on U.S. Treasurys, suggesting a potential shift to tokenized assets in the future.

Currently, tokenized government securities make up only 1.4% of total tokenized assets, but Wan predicts this could reach 10% in the coming years. Boston Consulting Group estimates that by 2030, the blockchain-based tokenization market could hit $16 trillion.

As BlackRock's BUIDL blazes a trail in the world of tokenized treasury funds, it's clear that the industry is poised for significant growth, with the potential to reshape the financial landscape. Keep an eye on this space for more developments!

#HKETF #Megadrop #BinanceLaunchpool #Fed #BullorBear $BTC $ETH $BNB