$1B of US Treasurys tokenized, Base TVL doubles in a month: Finance Redefined

The real-world asset tokenization trend is heating up, fueled by BlackRock’s first tokenized asset fund, “BUIDL,” which joined 16 other tokenized government securities funds in the last week.Over $1 billion of United States Treasurys have been tokenized on Ethereum, Polygon, Solana and other blockchains amid a growing trend of real-world asset tokenization.

Coinbase’s layer-2 platform Base has recently benefitted from the memecoin frenzy, with its total value locked on-chain doubling in a month.More than $1 billion worth of United States Treasurys now exist across Ethereum, Polygon, Solana and other blockchains, helped in part by the recent launch of the

According to Etherscan, four transactions to the fund totaling $95 million over the week boosted the fund, making it the second-largest tokenized government securities fund.Crypto lawyers are hailing a recent decision by a U.S. judge to dismiss allegations against Coinbase Wallet as a win for self-custody wallets and DeFi apps.to dismiss an SEC lawsuit, finding the SEC “sufficiently pleaded” Coinbase was unlicensed and its crypto staking offering was unregistered securities.

In a March 27 announcement, Jupiter said the budget “provides the DAO the capability to fund the ideas with USDC and have the JUP allocation for long-term incentive alignment with J.U.P Contributors.” The exchange added, “To ensure that the DAO will be able to execute on these crucial things over the long term, we will aim to top up the same budget yearly.”Ethereum layer-2 network Base’s TVL has doubled in less than a month, reaching $2.

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Over $1B in US Treasurys have now been tokenized on-chainThe blockchain tokenization market has surpassed $1 billion, with Franklin Templeton’s FOBXX and BlackRock’s recently launched BUIDL product leading the way.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Coinbase to move users' assets fully on chain as Base sees a new high in TVLCoinbase has taken a huge step in its plans to operate business fully on chain by moving the USDC of users to its rising Layer 2 network Base beginning on Tuesday.
Source: FXStreetNews - 🏆 14. / 72 Read more »