Tokenized Treasuries Surge as Investors Inject $1 Billion in April
Tokenized treasury products have witnessed explosive growth this April, with investors pouring over $1 billion into the sector since the start of the month. The total value locked (TVL) in these instruments now stands at $6.16 billion, marking a 78% rebound from January’s low of $3.47 billion.
BlackRock’s BUIDL fund continues to dominate the space, capturing 64% of recent inflows with $621.7 million over the past 30 days. The fund’s TVL has skyrocketed 303% to $2.56 billion since late January, now commanding 41.5% of the entire tokenized treasuries market.