Tokenized Treasuries Reach New Milestone: $8.6B Market Cap Exceeds 7.4 Billion

The tokenization of U.S. Treasury securities is experiencing a significant turning point, with the market cap reaching $8.6 billion in late October, up from $7.4 billion in mid-September. This surge is driven by increased demand for collateral within financial markets and the increasing adoption of digital representation of government bonds (tokenized Treasuries). Several institutional players are embracing this novel asset class.