Dune Analytics Predicts Tokenized US Treasuries to Reach $3 Billion Market Cap

• Tom Wan predicts a $3B market cap target for tokenized U.S. Treasury in 2024.
• DeFi projects’ DAOs are diversifying to real-world assets (RWAs).
• Securitize and BlackRock are working to provide access to risk-free treasury yield.

The market for tokenized U.S. Treasuries could surpass $3 billion by the end of 2024, according to Tom Wan, a data and research strategist at Dune Analytics. Wan’s prediction comes as DAOs within the DeFi space increasingly diversify their holdings into real-world assets.

$3B Tokenized US Treasuries by the end of 2024?

We are seeing a trend of DeFi Project's DAO diversifying their treasury to RWAs, including stablecoins and Tokenized US Treasuries.

With the maturity of tokenized US treasuries, over 15+ products on EVM Chains, and close to $2B… pic.twitter.com/rzRNvUNYWJ

— Tom Wan (@tomwanhh) July 15, 2024

In his post, Wan noted that DeFi projects’ DAOs are diversifying into Real-World Assets (RWAs), including stablecoins and tokenized U.S. Treasuries. The research strategist highlighted that with tokenized U.S. Treasuries, which encompass over 15 products on Ethereum Virtual Machine (EVM) chains and manage close to $2 billion in …

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