The RWA tokenization market for Treasury products is currently valued at $4.78 billion, led by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) at $1.46 billion, according to rwa.xyz.
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BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) leads the tokenized Treasury sector as of May 2025, managing nearly $1.5 billion in assets
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Tokenized U.S. Treasury market has increased nearly 500% in 2024 reaching $4,8B USD as of May 2025
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