News with the tag "tokenized treasuries"

In a monumental move that underscores the growing convergence of traditional finance and decentralized finance (DeFi), Sky, previously known as MakerDAO, is making headlines with a staggering $1 billion investment. This isn’t just another drop in the crypto ocean; it’s a tidal wave signaling a profo...

Bond issuers were promised lower costs through blockchain tokenization, but recent trials from the ECB revealed a higher price tag.

Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last ...

The tokenized treasuries market finally assembled a $2 billion market capitalization, which took precisely 151 days instead of 452 days. Heavy institutional investments are at the root of this remarkable growth, with the biggest players being none other than BlackRock. Related Reading: Bitcoin Mine ...