Tokenized US Treasurys surge 50x since 2024, marking shift toward on-chain finance

Dec 22, 2025 - 17:30
Tokenized US Treasurys surge 50x since 2024, marking shift toward on-chain finance
Tokenized US Treasurys have emerged as one of the fastest-growing segments of the real-world asset (RWA) market, with data pointing to 50x growth in less than two years amid rising institutional demand for on-chain yield. Data from Token Terminal shows that the combined market capitalization of tokenized US Treasury products has exploded from well under...

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