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Tokenization of the US Treasury market has surpassed $1.9 billion, with the Franklin FOBXX fund exceeding $800 million.
Odaily Planet Daily reported that according to data from the RWA monitoring platform RWA.xyz, as of August 15, the market size of tokenization of U.S. Treasury bonds has surpassed 1.9 billion USD, currently at 1.92 billion USD; it has increased by 110 million USD since July 9, 2024, a pump of 6.08% over approximately five weeks; among them, the FOBXX fund from Franklin Templeton has a size of 843 million USD, surpassing the BlackRock BUIDL fund (517 million USD). In addition, the market capitalization of U.S. Treasury Token on the Ethereum chain is approximately 1.4 billion.