On-Chain RWA Asset Market Cap Surpasses $12 Billion, Setting New Record
Article is form followin
September 13, 2024
This article is translated by ChatGPT Show original
According to a report released by Binance Research on Friday, the total market capitalization of on-chain tokenized real-world assets (RWAs) has surpassed $12 billion, reaching an all-time high. Among these, tokenized government bond funds (digital tokens representing US Treasury bonds) have a market capitalization exceeding $2.2 billion. Notably, BlackRock's BUILD holds a market value of nearly $5.2 billion, while Franklin Templeton's FBOXX has a market value of $4.34 billion.
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.