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BlackRock and Five Other Firms Dominate 88% of Tokenized Treasury Market

Fresh insights from RWA.xyz, a platform that tracks tokenized real-world assets (RWAs), reveal that just six major players control a massive 88% of all tokenized U.S. Treasuries — highlighting a growing concentration in the emerging sector. Leading the pack by a wide margin is BlackRock. Its tokenized U.S. Treasury fund, BUIDL, boasts a market capitalization […]