Tokenized Treasures Growing in the US

In 2023, tokenized treasures in the US showed a 641% growth according to CoinGecko’s report. While traditional financial companies’ interest in tokenized treasures is increasing, Franklin Templeton has become the largest issuer of tokenized treasures. Stablecoin projects backed by US treasury bonds and tokens on the Ethereum network are also on the rise. Tokenized Market Growth The value of tokenized treasures, which was $114 million in January, reached $845 million by the end of the year. Tokenized securities are based on real-world assets such as stocks and bonds. Franklin Templeton’s On-Chain U.S. Government Money Fund issued $332 million in tokens, controlling 38.6% of the market. Changing Market Dynamics A large portion of tokenized US treasures is based on Ethereum, with a 57.5% share. Companies like Franklin Templeton and WisdomTree are issuing tokenized securities on Stellar. While tokenized treasury bonds saw a surge in 2023, growing by 2024 slowed to just […]

Tokenized Treasures Growing in the US

In 2023, tokenized treasures in the US showed a 641% growth according to CoinGecko’s report. While traditional financial companies’ interest in tokenized treasures is increasing, Franklin Templeton has become the largest issuer of tokenized treasures. Stablecoin projects backed by US treasury bonds and tokens on the Ethereum network are also on the rise.

Tokenized Market Growth

The value of tokenized treasures, which was $114 million in January, reached $845 million by the end of the year. Tokenized securities are based on real-world assets such as stocks and bonds. Franklin Templeton’s On-Chain U.S. Government Money Fund issued $332 million in tokens, controlling 38.6% of the market.

Changing Market Dynamics

A large portion of tokenized US treasures is based on Ethereum, with a 57.5% share. Companies like Franklin Templeton and WisdomTree are issuing tokenized securities on Stellar. While tokenized treasury bonds saw a surge in 2023, growing by 2024 slowed to just 1.9%.

The market value of commodity-backed tokens reached $1.1 billion. Tether Gold (XAUT) and PAX Gold (PAXG) stand out with an 83% market share in this area. Investors and financial companies are taking advantage of the new opportunities and liquidity that tokenized assets offer.

The digitization of tokenized treasures and other financial instruments is emerging as a significant trend that will shape the future of financial markets and facilitate access to assets for investors.

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