DeFi· ★★★· bullish·

Ondo's tokenized Treasuries overtake BlackRock's BUIDL by size

  • —Ondo's tokenized Treasuries product has overtaken BlackRock's BUIDL
  • —BUIDL had been the largest tokenized Treasury fund in the RWA market
  • —Exact volumes for either product were not disclosed
Why it matters: A change at the top of tokenized Treasuries sharpens competition in the RWA market long led by BlackRock.
Source: Google News (crypto query)