Tokenized Treasuries Market Cap Surges to Record $16.2B

The market capitalization of tokenized U.S. Treasury funds has reached a record $16.2 billion, marking a 77% increase since the start of the year.

This rapid growth reflects a shift among crypto investors toward yield-generating assets that bridge traditional finance and decentralized finance (DeFi).

Tokenized U.S. Treasuries are digital representations of short-term government debt issued on blockchain networks, allowing investors to earn yields similar to Treasury bills while maintaining the flexibility of on-chain assets.