Centrifuge launches tokenized Treasury assets on OKX's X Layer
- —deJTRSY provides access to short-term US Treasuries, deJAAA to AAA-rated CLOs
- —X Layer: 120+ million users and more than $2 billion in stablecoins
- —DeFi TVL on X Layer exceeded $100 million thanks to integrations with Aave and Uniswap
- —Centrifuge has tokenized $1.3 billion in assets, working with Apollo and S&P Dow Jones
Why it matters: The growth of tokenized Treasuries intensifies competition with BlackRock BUIDL and Ondo for institutional capital.
Source: Crypto Briefing