Core Insights - The market capitalization of yield-bearing, on-chain Treasury products has more than doubled in 2025, exceeding nine billion dollars by December [1][6] - Different tokenized Treasury platforms exhibit varying performance, with some yielding higher returns than others [2][6] Tokenized Treasury Platforms - Tokenized Treasury products can be categorized into two classes: fixed net asset value (NAV) products and floating price tokens [3][4] - Fixed-NAV products, such as traditional money market funds, distribute dividends by issuing new tokens, while floating price tokens automatically accrue yield as underlying assets appreciate [3][4] Treasury Token Returns in 2025 - Among floating-price Treasury tokens, Superstate's USTB achieved the highest yield, with a $1,000 investment growing to $1,038.1, resulting in an annualized return of 4.11% [5] - Yields for various floating-price tokens range from 2.3% to 4.2% [6] Fixed-Price Treasury Tokens - Fixed-price tokenized MMFs and yield-bearing stablecoins have more complex comparisons, with limited data available for year-to-date returns from only a few providers [7] - Adjusted annualized returns for fixed-price Treasury tokens show varying performance, with YLDS at 2.56% and BENJI at 4.0% [9]

state street deploying $200m on solana for tokenized treasuries. ondo bringing $350m securities platform q1 2026. schwab's 35m accounts got sol futures access last week. solana trades 122x revenue vs ethereum's 616x. tradfi doesn't build infrastructure on chains they don't trust for the next decade ...

blackrock buidl fund crossed $500m tokenized treasuries on ethereum settling instant through circle's usdc rails. franklin templeton deployed on polygon stellar aptos for regulatory arbitrage. the trade isn't buying transfer-restricted rwa tokens. it's base and polygon capturing settlement fees from $200b migrating on-chain. stablecoin issuers taking the flow. tradfi rebuilds infrastructure on public chains for 40% cost reduction not 5% efficiency gains. ...

aave horizon has $450m from vaneck and franklin templeton using tokenized treasuries as collateral. $130b aum vaneck borrows stablecoins against vbill without selling the underlying bonds. securitize handles $4b in tokenization, chainlink provides the pricing. blackrock and fidelity next according to the filings. capital efficiency for funds that never needed yield in the first place. ...

RT BSCN (@BSCNews)🚨JUST IN: @SECURITIZE AND @VANECK_US TO LAUNCH VBILL ON @AAVE HORIZON, ENABLING TOKENIZED TREASURIES AS ONCHAIN COLLATERAL VIA @CHAINLINK NAVLINK FEEDS ...

🚨JUST IN: @SECURITIZE AND @VANECK_US TO LAUNCH VBILL ON @AAVE HORIZON, ENABLING TOKENIZED TREASURIES AS ONCHAIN COLLATERAL VIA @CHAINLINK NAVLINK FEEDS ...

aave horizon paying 10% on rlusd deposits backed by tokenized treasuries.t-bills yield 5.3%. someone's eating that 470 basis point spread.$117m locked in first month. ...

LIVE NOW - Tokenized Stocks: The $100 Trillion Onchain Shift@RyanSAdams & @TrustlessState sit down with @OndoFinance's @nathanlallman and @iandebode to map the path from stablecoins to tokenized treasuries to tokenized stocks.We break down why Ondo’s wrapper model is set out to win, how blockchain brings 24/7 secondary markets, DeFi composability and much more liquidity.Ethereum and Ondo are leading a $100T onchain migration you can’t miss.--------------TIMESTAMPS0:00 Intro5:55 Is Business Booming?7:59 Are ...

DeFi & Tokenization - Tokenized treasuries are yielding 965% risk-free through BUIDL staking on Ondo plus Aave collateral loops [1] - On-chain migration of $125 Billion stablecoin reserves enables infrastructure tokens to collect 10 bps on $27 Trillion migration [1] Valuation - Ondo's TVL is 3x, while comparable entities trade at 15-20x [1]

Market Opportunity - Tokenized Treasuries 市场规模达 70 亿美元，仅占所有 Treasuries 的 01% [1] - 预计未来将有数万亿美元的 Treasuries 被 Tokenized [1] Sei Network Position - Sei Network 正在成为机构用例的首选结算层 [1] - Sei Network 的可扩展性对于 Tokenized Treasuries 市场至关重要 [1]