The value of tokenized government bonds exceeds $1 billion.

Tokenized U.S. Treasury bond markets include: booming. The market value of government bonds tokenized through public blockchains such as Ethereum, Polygon, Avalanche, Stellar, etc. Exceeded 1 billion dollars For the first time, It shows data tracked by Tom Wan, an analyst at cryptocurrency company 21.co. Tokenized Treasury bonds are digital representations of U.S. government bonds that can be traded as tokens on the blockchain. The market capitalization has increased nearly 10 times compared to January last year, and has risen 18% since BlackRock, a traditional financial conglomerate, announced the Ethereum-based tokenization fund BUIDL on March 20.