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Learning & News => News related to Crypto => Topic started by: sirty143 on March 31, 2024, 04:10:35 PM

Title: Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
Post by: sirty143 on March 31, 2024, 04:10:35 PM
Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. See more for yourself here (https://news.bitcoin.com/tokenized-us-treasury-bonds-hit-1-billion-milestone-on-public-blockchains/).

Your opinion is greatly appreciated.
Title: Re: Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
Post by: electronicash on March 31, 2024, 11:23:44 PM

more and more updates about real world assets being tokenized in blockchain which this is where the future goes. we are starting in US market though as most of the government around the world are just following what US is doing.

since the RWA is here then most of the institutional traders will also be coming into crypto to trade these assets and i think this is what will drive the bull run for the rest of the year til 2025.
Title: Re: Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
Post by: hugeblack on April 01, 2024, 05:16:31 AM
Quote from: electronicash on March 31, 2024, 11:23:44 PM

more and more updates about real world assets being tokenized in blockchain which this is where the future goes. we are starting in US market though as most of the government around the world are just following what US is doing.

I do not think that the United States has issued Treasury Bonds in blockchain, so it will not be long before any company or entity that tokenizes these assets is banned or prosecuted.
These tokens are worthless, even if they take more relevant names such as gold, titanium, bonds, or any other name, they have no value unless there is a real link to the commodity of physical value, and since it is difficult to verify this link, it is impossible to guarantee that it will always be equal to the value of the asset.