US tokenized treasury products reached a new all-time high of $7.45 billion on Aug. 27, surpassing the previous peak of $7.42 billion registered on July 15.
The five largest tokenized treasury products by market capitalization represent a concentrated market share of 73.6%.
The recovery demonstrates growing institutional appetite for blockchain-based treasury exposure despite traditional fixed-income market volatility. Most of these funds have high minimum investment thresholds, such as BUILD’s $5 million minimum deposit.
Tokenized treasuries provide 24/7 trading capabilities and programmable features that are not available in conventional government bond markets. The liquidity model, available at any time, prompted a 256% year-over-year growth in tokenized US treasuries.
Despite the increased appetite for tokenized real-world assets, they still have a long way to go.
However, education and yield-related moves, such as approving crypto exchange-traded funds with staking, could help drive more adoption among these investors.