In response to the newest market knowledge from rwa.xyz, tokenized U.S. Treasury funds have attracted roughly $770 million in new inflows over the previous 11 days — signaling rising investor confidence in digital real-world asset (RWA) merchandise.
Investor Demand for Tokenized Treasury Funds Hits File Ranges in 2025
In 2025, tokenized treasuries have quickly emerged as one of the crucial talked-about improvements in digital finance. These onchain devices symbolize real-world U.S. Treasury securities issued and traded by blockchain networks, providing buyers quicker settlement, clear possession, and programmable yield entry.
By bridging conventional finance (TradFi) with decentralized finance (DeFi), tokenized treasuries are redefining how buyers entry secure, yield-generating belongings — remodeling U.S. authorities bonds into digital, fractional, and globally tradable tokens. At current, the worth locked in all of the tokenized treasury funds stands at $8.42 billion.

Contained in the $770M Tokenized Treasury Surge
Rwa.xyz stats present, among the many high performers since our final replace on Oct. 1, Blackrock’s USD Institutional Digital Liquidity Fund (ticker: BUIDL) recorded a $329 million surge throughout the identical interval, making it one of many largest single contributors to total inflows.
This continued rise highlights the accelerating adoption of tokenized money-market and treasury merchandise as institutional and digital asset buyers search steady, yield-generating onchain alternate options backed by U.S. authorities securities.
On Oct. 1, Ondo’s Quick-Time period U.S. Authorities Bond Fund (OUSG) ranked second behind Blackrock’s BUIDL fund. Nevertheless, over the next eleven days, OUSG slipped to 3rd place in complete tokenized treasury complete worth locked (TVL), whereas nonetheless attracting a notable $62.4 million in new inflows.
Franklin Templeton’s onchain cash market fund, BENJI, moved into the second place amongst tokenized treasury merchandise, following a powerful surge in TVL from $717.4 million to $861.05 million. In fourth place amongst tokenized treasury and yield merchandise, Ondo’s U.S. Greenback Yield (USDY) maintained a flat vary TVL of $689 million.
Rounding out the highest 5 tokenized treasury merchandise, Wisdomtree’s USD Institutional Digital Fund (WTGXX) grew its TVL from $557.2 million to $600 million over the previous 11 days — a rise of $42.8 million. Among the many remaining tokenized treasury merchandise, Circle’s U.S. Treasury Fund (USYC) skilled a pullback, declining from $636.2 million to $597 million over the noticed interval.
As extra buyers search steady, yield-bearing belongings with out the frictions of legacy intermediaries, tokenized U.S. Treasuries are proving to be greater than a distinct segment innovation. Market analysts anticipate the tokenized treasury market might soar into the trillions, marking a pivotal enlargement section for real-world belongings (RWAs).
🔍 Fast FAQs: Tokenized U.S. Treasuries & RWA Market Development
- What are tokenized U.S. Treasuries?They’re digital representations of U.S. authorities bonds issued on blockchain networks, enabling quicker, clear, and programmable yield entry.
- Why are buyers transferring into tokenized treasury funds?Buyers are drawn to steady, yield-generating belongings that mix conventional U.S. Treasury security with onchain effectivity and liquidity.
- Which funds are main the tokenized treasury market in 2025?Blackrock’s BUIDL, Franklin Templeton’s BENJI, and Ondo’s OUSG high the record for inflows and complete worth locked (TVL).
- 4. How massive might the tokenized treasury sector develop into?Analysts anticipate the tokenized treasury market to scale into the trillions, signaling a large development section for digital real-world belongings (RWAs).

