Bitcoin

Investors pile $1B into tokenized treasuries during April

Tokenized treasure products have experienced significant growth in April, investors injecting more than a billion dollars in the sector since April 1.

Funds benefit from a record year, with the TVL of tokenized treasury bills, at nearly $ 6.16 billion after jumping 78% compared to the end of January 3.47 billion.

TVL Treasures Tokenized
TV TVL. Source: Rwa.xyz.

Buidl's domination increases

The domination of the BlackRock Buidl Fund continues to grow, which leads to 64% of entries in the last 30 days with $ 621.7 millionAccording to Rwa.xyz. Buidl now has a TVL of almost $ 2.56 billion and represents 41.5% of the combined TVL in the sector.

Buidl TVL increased by 303% against $ 635.7 million on January 22, while its domination over the sector has more than doubled, from 18.3% over the same period.

Although BUIDL has expanded on new channels in recent months, Ethereum represents more than 95% of TVL in the fund with nearly $ 2.44 billion. Buidl was broadcast on Aptos, Arbitrum, Avalanche, Op Mainnet and Polygon on November 17 and deployed on Solana on March 25. Each alternative chain welcomes between $ 20 and $ 55 million on TVL.

BUIDL TVL
BUIDL TVL. Source: Rwa.xyz.

While Larry Fink, CEO of BlackRock, rented Tokenization as a democratization vehicle in its annual letter to shareholders published on March 31, only four portfolios hold almost 80% of Buidl's assets.

The superstate USTB emerges from the main tokenized cash flow funds

The USTB Fund of Superstate continues to climb the classification of tokenized treasures. The fund now has a TVL of $ 652.6 million after increasing $ 292 million or 81% in 30 days. USTB TVL has also increased by 182% since the start of the year.

USTB TVL
USTB TVL. Source: Rwa.xyz

The USTB closes quickly on the Benji fund of Franklin Templeton, which ranks as the second product in the sector with $ 707.8 million. Benji TVL has been tense laterally since March, increasing by only 4.39% in the past six weeks.

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