cryptojournalist
A recent report reveals that stablecoins currently dominate the market for tokenized real-world assets (RWAs)*. Stablecoins, often pegged to stable currencies like the U.S. dollar, have become especially popular due to their stability and liquidity, providing a reliable digital asset option for investors. However, demand is rising for other types of tokenized assets, particularly those that are highly liquid and generate yield, such as U.S. Treasury bills. These yield-bearing assets appeal to investors seeking more returns while benefiting from the efficiencies of tokenized financial products.
Major Players in Tokenized Funds
Among tokenized funds, BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and Franklin’s OnChain US Government Money Fund (FOBXX) stand out as the largest by assets under management (AUM). These two funds hold approximately $520 million and $440 million in AUM, respectively, reflecting the growing interest in digital assets that combine the advantages of blockchain with traditional finance. BlackRock and Franklin are actively leveraging tokenization to attract a broader range of investors who want digital exposure to reliable, traditional assets.
*Real-World Assets (RWAs): Physical or traditional assets like real estate, commodities, or government securities that can be represented as digital tokens on a blockchain.
