Tokenized U.S. Treasuries Arrive to XDC Network as Digital Bond Market Grows

📆 29/08/2023 16:49:00
📰 CoinDesk

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The market for tokenized U.S. Treasuries has grown nearly sixfold to $622 million this year, as real-world assets on blockchains keep expanding.

USTY tokens, accessible on Tradeteq’s platform and issued on XDC Network, represent shares in a U.S. Treasury bond ETF.

Tokenization of real-world assets such as government bonds could grow to a $5 trillion market, experts say. Tradeteq, a U.K-based private debt and real-world asset marketplace, on Tuesday rolled out a tokenized U.S. Treasury offering on the layer 1 blockchainThe U.S. Treasury Yield tokens represent blockchain-based versions of shares in a U.S. Treasury bond exchange-traded fund , and are accessible for professional investors on Tradeteq’s Yieldteq platform. Tokenization service provider

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