Not all tokenized treasury products performed equally well in 2025. Credit: Veronica Cestari/CCN. Key Takeaways The market cap of tokenized treasury products has more than doubled in 2025. Different token models have different advantages Yields in the year to Christmas range from 2.3%-4.2%. Various forms of tokenized U.S. Treasury exposure have been around for years, but the concept really took off in 2025. The market capitalization of all yield-bearing, on-chain Treasury products has more than ...

RT Token Terminal 📊 (@tokenterminal)ICYMI: At a ~$1.8B market cap, @Securitize's BUIDL is the biggest tokenized fund in the market. https://t.co/CxEfVQq12t ...

RT Token Terminal 📊 (@tokenterminal)A treemap of tokenized funds.Size based on market cap.Color based on 30d market cap growth.@circle's USYC is on track to overtake @Securitize's BUIDL, should the current growth rates sustain.A race to follow 👇 https://t.co/jsjyqviExz ...

Tokenized Assets Overview - Token Terminal identifies the largest categories of tokenized assets, excluding stablecoins [1] - Tokenized funds, such as $BUIDL, represent a significant category [1] - Tokenized commodities, exemplified by $XAUT, constitute another major category [1] - Tokenized stocks, like $TSLAon, are also a notable category of tokenized assets [1]

A treemap of tokenized funds.Size based on market cap.Color based on 30d market cap growth.@circle's USYC is on track to overtake @Securitize's BUIDL, should the current growth rates sustain.A race to follow 👇 https://t.co/jsjyqviExz ...

Largest categories of tokenized assets, excluding stablecoins:1) Tokenized funds, like $BUIDL2) Tokenized commodities, like $XAUT3) Tokenized stocks, like $TSLAon https://t.co/fK08AxY5aZ ...

RT Ondo Finance (@OndoFinance)Ondo Finance has joined with State Street Investment Management and Galaxy Asset Management to announce plans for SWEEP, a new private tokenized liquidity fund bringing traditional cash management onchain.OUSG, Ondo’s flagship tokenized fund, plans to serve as the lead anchor investor in SWEEP, utilizing the fund to further diversify its reserves and enhance access to 24/7 liquidity for OUSG investors.OUSG holds a diversified basket of institutional tokenized U.S. Treasury fund ...

RT Token Terminal 📊 (@tokenterminal)The largest tokenized funds, ranked by market cap:1. BUIDL @Securitize2. USYC @circle3. JAAA @centrifuge4. USTB @SuperstateInc5. OUSG @OndoFinance6. WTGXX @WisdomTreePrime7. USDY Ondo8. USD0++ @usualmoney9. USCC Superstate10. EUTBL @Spiko_finance https://t.co/wBypbmbA4Z ...

Group 1 - Michael Burry is exploring the concept of tokenization, which involves converting physical assets into digital form on the blockchain, indicating a growing interest in this trend within the financial sector [1][2] - Major financial institutions, including JPMorgan Chase and BlackRock, are adopting tokenization to enhance their services and product offerings, with JPMorgan launching a deposit token called JPM Coin and BlackRock introducing a tokenized U.S. Treasury product [3][4] - The Securities Industry and Financial Markets Association has urged the SEC to deny digital asset companies the ability to offer tokenized equities through specific exemptive relief, advocating for a more open and transparent regulatory process [5] Group 2 - The tokenized asset market is experiencing significant growth and is being increasingly recognized by Wall Street, as evidenced by Burry's engagement with the topic and the actions of major financial players [2][3] - Robinhood has also entered the tokenization space by launching tokenized stocks for its European customers, showcasing the trend's expansion beyond traditional financial institutions [3]

Blockchains are public databases. That’s an immediate roadblock for large institutions like banks, whose clients largely don’t want their balances and payments history open to prying eyes. Now, the crypto giant Circle has partnered with the blockchain Aleo to launch a “private” version of its stablecoin called USDCx, which will obscure transaction histories, Howard Wu, cofounder of Aleo, told Fortune. “People don’t want to reveal their business revenues. They don’t want to reveal business intelligence,” W ...