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Share link:In this post: 21co research analyst, Tom Wan, forecasts that tokenized US treasuries could reach $3 billion this year. Crypto projects such as MakerDAO and Arbitrum are now investing in tokenized government securities. Goldman Sachs plans to launch three tokenized funds by the end of 2024.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent resear
Tom Wan, a research analyst at 21co, predicted that tokenized US treasuries could reach $3 billion by the end of 2024. He noted that the growing interest in this asset class from crypto projects looking to diversify their treasury could push it to hit this milestone.
Also Read: Goldman Sachs plans to launch tokenization products by the end of the year
Wan’s predictions highlight the growth of real-world asset (RWA) tokenization as a major use case for blockchain technology. Interest in this category is increasing from traditional financial institutions, with Goldman Sachs now planning to launch its own tokenized funds.
Crypto projects DAOs tap tokenized US treasuries to diversify treasuries
According to data from Dune Analytics , the total asset under management for tokenized US treasuries is $1.78 billion. This means the asset class must record almost 100% growth over the next 6 months to reach $3 billion. However, Wan believes that more Decentralized Autonomous Organizations (DAOs) will invest in tokenized assets in the coming months.
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