Total U.S. Treasury debt tokenized on public blockchain reaches $1 billion

Data released by 21.co strategist Tom Wan shows that the total amount of tokenized US Treasuries on public blockchains has reached $1 billion. BlackRock's tokenized fund BUIDL increased from $40 million to $240 million within a week, a growth of 400%. Ondo Finance is now the largest holder of BUIDL, owning 38% of the total supply. Ondo's OUSG is now fully supported by BUIDL.