DeFi· ★★★· neutral·

Tokenized US Treasuries reach $14.65B as RWA expands into stocks and ETFs

  • —Tokenized US Treasuries: 120 products, 85,924 holders, $14.65B in distributed value
  • —BlackRock launched tokenized money market products BSTBL and BRSRV in August 2026
  • —Franklin Templeton's FOBXX uses blockchain to record fund shares via the BENJI token
  • —SEC staff: third-party tokens may not confer ownership or shareholder rights
Why it matters: Growing RWA tokenization draws institutional capital, but investors must distinguish price exposure from legal ownership of the underlying asset.
Source: TokenPost