Tokenized Treasuries Reach Record $4.6 Billion Milestone
Tokenized treasuries have reached a new high of $4.6 billion in market valuation, driven by Securitize and Ondo Finance each surpassing $1 billion in held assets as of March 15, 2025.
This milestone indicates a significant shift towards integrating traditional and decentralized finance, encouraging industry participation in tokenized securities.
Securitize and Ondo Finance Exceed $1 Billion Each
Securitize, a key player in the tokenized treasury space, announced their fund with BlackRock, named BUIDL, achieved over $1 billion in assets. Ondo Finance has similarly reached over $1.1 billion with their OUSG and USDY tokens. This growth highlights the increasing trust in tokenized securities.
“Proud to announce that BUIDL, our tokenized treasury fund with BlackRock, has surpassed $1 billion in assets under management. This milestone demonstrates the growing demand for tokenized securities and on-chain yield.”
— Carlos Domingo, CEO, Securitize
Both Securitize and Ondo Finance have shown substantial growth, contributing to an overall $4.6 billion market value in tokenized treasuries. According to Dune Analytics, TVL in such protocols rose 15% recently.
Traditional Finance Integrates with DeFi Ecosystem
The growth of tokenized treasuries places traditional assets like treasuries within the crypto ecosystem. This expansion may embolden other financial institutions to explore similar asset tokenization ventures. Ondo Finance’s CEO emphasized the bridging between TradFi and DeFi.
BlackRock CEO, Larry Fink, noted that the BUIDL’s rapid growth to over $1 billion highlights the potential for tokenization to enhance liquidity and accessibility of traditional assets, offering alternative yield opportunities for investors.
Tokenization Echoes ETF Adoption Trends
Tokenization’s adoption echoes similar trends seen with digital assets in finance, such as the initial adoption of Exchange Traded Funds (ETFs). These developments often lead to increased market participation and liquidity.
Experts like Real Vision’s Raoul Pal recognize the $4.6 billion milestone as pivotal, predicting faster convergence of traditional and crypto finance, enhancing the diversity and reach of financial instruments available in the market.
