part02

#Part02
For crypto investors, tokenized Treasurys also provide a way to put idle stablecoins to work while gaining access to traditional money-market yields. BlackRock, Franklin Templeton, and a growing number of asset managers have moved quickly to meet the demand, building a multibillion-dollar market around the idea.
Different categories of tokenized assets have scaled at dramatically different rates, reflecting both the complexity of bringing different asset classes onchain and the speed with which early products have found demand
Asset-backed credit — including tokenized home equity lines of credit (HELOCs) and lending vault tokens — hit $1 billion in market cap just 185 days after its first recorded onchain activity, the fastest of any tokenized asset category by a wide margin.
Specialty finance — such as tokenized reinsurance contracts and bitcoin mining notes — was the second fastest, crossing the same threshold in under two years.
At the other end of the spectrum, venture capital took more than seven years to reach $1 billion, while active strategies took nearly as long — a reflection of more complex structures, longer time horizons, and greater operational and regulatory complexity.
Government debt and commodities scaled relatively quickly — reaching $1 billion in 2–3 years — and since then they have become the most dominant categories. By early 2024, they made up nearly the entire tokenized asset market.
While other categories, like asset-backed credit, specialty finance, stocks, and active strategies, have steadily expanded their share since 2024, the market continues to be highly concentrated. Tokenized U.S. Treasurys and commodities together make up roughly two-thirds of the market to
day.
#GENIUSBinanceHODLer #FedSchmidUrgesInflationCommitment