New data tokenized US treasury bonds88 percent of the exported by only six organizations reveals. The information provided by the rwa.xyz platform is still concentrated around certain funds and TOKIZATION MARKETshows that there is a serious centralization in the development process.
Funds led by Blackrock are backing the market
Tokenized Treasury bonds marketThe biggest share belongs to Blackrock. Company BUIDL is located in front of its competitors with a market value of 2.5 billion dollars. BUIDL’s market value is 360 percent higher than the closest opponent. Blackrock announced in the first quarter of this year that he managed a total of $ 11.6 trillion.
Other funds that completed the first six places are Franklin Templeton Benji Fund (707 million dollars), Superstate’s Ustb Fund (661 million dollars), Ondo’s Usdy Fund ($ 586 million), Circle’s Usyc Fund (487 million dollars) and ond Ousg Fund (424 million dollars) is listed. These six giant funds represent 88 percent of all tokenized treasury bonds on the market.
According to RWA.XYZ data, there was a significant consolidation process between the treasury funds of the big token from the beginning of this year. In particular, BUIDL fund increased its market value by 291 percent between January 1 and April 24, and to Öneneiz Treasury bonds market alone represented 41.1 percent of the market.
Centralization debates are increasing
MEXC’s operation director Tracy JinHe pointed out the negative aspects of increasing centralization in tokenized real world assets (RWA). According to Jin, most of them are exported to your tokens on the Blockchain networks with asset leave or semi -central Blockchain networks, which increases the authorities to restrict or seize the authorities.
Jin, in a statement, “Tokenized property or bonds such as assets are strictly adhered to the national legal system,” he said. This indicates that the allegations of freedom and transparency promised by the beings to the token may not always be valid in practice.
Tokinization Despite the opportunities offered by the process, the control mechanisms over these assets are firing the wick of new discussions for the future of the sector. In particular, the property rights of investors and the expectations of free transactions can contradict traditional legal frameworks.
Tokenize asset market on the verge of growth
The market value of tokenized real world assets has gained significant momentum since the beginning of the year. According to RWA.XYZ’s data, the total market value of the sector reached $ 21.3 billion on April 21 and saw a new summit.
It is supported by many different factors such as providing this rapid growth regulatory clarity, compatibility solutions between blockchain networks, increasing liquidity opportunities and physical evolution of identity to digital. Especially the fact that small investors can access these assets through partial ownership opens the market to a wider audience.
According to sector analysts, assets such as tokenized treasury bonds are a strong bridge between traditional finance and Blockchain world. However, the risks of centralization raise the voice of those who question the long -term sustainability of this new structure.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
