🚀 Gate.io #Launchpad# for Puffverse (PFVS) is Live!
💎 Start with Just 1 $USDT — the More You Commit, The More #PFVS# You Receive!
Commit Now 👉 https://www.gate.io/launchpad/2300
⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
💰 Total Allocation: 10,000,000 #PFVS#
⏳ Limited-Time Offer — Don’t Miss Out!
Learn More: https://www.gate.io/article/44878
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⭐ The six giants control 88% of the market, and the tokenization of U.S. Treasuries is highly concentrated!
The latest data shows that the tokenized U.S. Treasury market is highly concentrated, with six leading entities holding 88% of the total issuance. Among them, BlackRock firmly holds the top position in the industry, with its tokenized U.S. Treasury fund BUIDL reaching a market value of $2.5 billion, significantly leading the market with a 360% advantage over the second place.
The five major funds that follow are: Franklin Templeton's BENJI, with a market value of $707 million; Superstate's USTB, with a market value of $661 million; Ondo's USDY, with a market value of $586 million; Circle's USYC, with a market value of $487 million; and Ondo's OUSG fund, with a market value of $424 million. The total market value of these six major funds constitutes the absolute main force in the tokenized government bond market, profoundly influencing the direction of industry development.