Tokenized asset deposits tripled to $7.4B last year, even as DeFi shrunk 15% and DEX spot volumes fell 70%. CoinShares reports a flight to safety: investors are using crypto rails for familiar assets, not crypto itself.
Gold, Treasuries, and the S&P 500 led this growth. Nearly 70% of these tokenized assets sit on Ethereum-based lending venues.
This is a quiet but meaningful shift. Crypto infrastructure is gaining trust, even as native DeFi cools. We'd rather hold tokenized gold.
$BTC
Gold, Treasuries, and the S&P 500 led this growth. Nearly 70% of these tokenized assets sit on Ethereum-based lending venues.
This is a quiet but meaningful shift. Crypto infrastructure is gaining trust, even as native DeFi cools. We'd rather hold tokenized gold.
$BTC