Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains

• Over $1 billion in U.S. Treasury notes have been tokenized on public blockchains, up nearly 10x since January 2023 • Tokenized Treasuries allow 24/7 settlement compared to traditional markets • BlackRock's Ethereum-based BUIDL fund now has $245 million in tokenized assets • Franklin Templeton's BENJI token leads with $360 million in deposits • Rising interest rates have fueled demand for tokenized Treasuries as a way to diversify crypto portfolios