BIS Warns of Potential Systemic Risk from Surge in Tokenized Treasury Funds

A recent report by the Bank for International Settlements (BIS) has raised concerns about the rapid growth of tokenized money-market funds, potentially exposing the crypto market to systemic risk. The report highlights that these funds have witnessed a surge from just under $1 billion last year to nearly $9 billion today, fueled by investors seeking reliable yields in the crypto space. 📈 The speed of this transition has caught the attention of the BIS, which warns that tokenized Treasury products could become the next major source of systemic risk within the burgeoning crypto ecosystem. ⚠️ 🤝