Tokenization: conversion of US Treasury bonds worth over 1 billion dollars into digital forms and recorded on public blockchains. These tokenized Treasuries represent US government securities and are traded as tokens on the blockchain.
Let’s see below all the details.
Public Blockchains and the New Era of US Treasury Bonds: How Tokenization Works
As anticipated, the market for tokenized US Treasury debts is experiencing a significant expansion.
According to data provided by Tom Wan, an analyst at the cryptocurrency company 21.co, the total value of US Treasury notes tokenized on public blockchains such as Ethereum, Polygon, Avalanche, Stellar and others has recently exceeded one billion dollars.
These tokenized Treasuries are digital representations of US government securities, which can be traded as tokens directly on the blockchain.
The market value of this form of investment has increased by almost 10 times compared to January of last year.
Furthermore, it has rec
We współpracy z: https://en.cryptonomist.ch/2024/03/28/tokenization-of-us-treasury-bonds-a-revolution-in-digital-finance/
