Tokenized US Treasury Market Predicted to Surge by Year-End

IconCryptoNewsTerminal Staff16 Jul, 2024

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Tokenized US Treasury Market Predicted to Surge by Year-End

The tokenized US Treasury market is expected to double in size by the end of 2024, reaching $3 billion, according to 21.co's head of research, Tom Wan. This growth is attributed to the increasing adoption of tokenized Treasuries by decentralized autonomous organizations (DAOs) for diversification purposes.