#USTreasuries

29 articles tagged #USTreasuries — curated RWA tokenization coverage.

Here’s how Near Protocol and Ondo are setting new ground for crypto and tokenized trading
Stocks

Here’s how Near Protocol and Ondo are setting new ground for crypto and tokenized trading

The tokenized Real-World Asset market is advancing in the US, marked by significant institutional moves and protocol innovations despite legislative hurdles. Earlier this year, the NYSE partnered with Securitize to develop tokenized securities infrastructure, while Nasdaq gained SEC approval to tokenize US securities from the Russell 1000 Index and selected funds, signaling a shift towards tokenized stocks. Although the Digital Asset Market Clarity Act failed in the US Senate on September 15, the SEC swiftly introduced an "Innovation Exemption," providing a five-year conditional path for selected exchanges to trade tokenized US stocks. In this evolving landscape, Near Protocol and Ondo are emerging as key players. Near Protocol's multichain transaction pool, NEAR Intents, offers confidential perpetuals and, in partnership with Ondo, access to tokenized US stocks and Treasury bills. Ondo, identified as a leading provider by rwa.xyz, reported a distributed asset value of approximately $3.87 billion as of September 30, reflecting a 9.35% increase in 30 days, with 460 tokenized assets and over 515,000 holders. NEAR Intents also recorded a Confidential Total Value Locked of $156.43 million on September 29, showcasing strong inflows. These platforms, while employing strict KYC, are actively closing the gap between traditional and crypto markets by offering faster settlement and robust security features, including intercepting a $50 million money-laundering attempt. The ongoing developments highlight a growing demand for tokenized assets even as legislative clarity remains uncertain.

fxstreet.comAdded: Oct 1, 20267.5
State Street and Galaxy launch tokenized SWEEP liquidity fund bridging TradFi and crypto
News

State Street and Galaxy launch tokenized SWEEP liquidity fund bridging TradFi and crypto

State Street Investment Management and Galaxy Asset Management have launched the State Street Galaxy Onchain Liquidity Sweep Fund, known as SWEEP, to provide institutional investors with 24/7 access to short-duration US Treasury exposure. The fund distinguishes itself by allowing direct subscriptions and redemptions using stablecoins, specifically PYUSD, with plans to integrate USDC support. By enabling stablecoin-native entry, the product removes the traditional friction of fiat on-ramps that typically hinders crypto-native institutions. The fund is restricted to Qualified Purchasers, requiring a minimum investment of $5 million for entities and $1 million for individuals, with a target expense ratio of 0.50%. Infrastructure for the tokenized vehicle is provided by Galaxy, while Anchorage Digital and State Street Bank handle custody services. The fund is launching on Solana, with future expansion planned for the Stellar and Ethereum blockchains to reach diverse institutional constituencies. This launch represents a significant step in bridging traditional finance with on-chain liquidity management by operating strictly within existing securities frameworks.

cryptobriefing.comAdded: Sep 29, 20269.0
Someone was trying to sell Ondo Finance after founder Nathan Allman's death
U.S. Treasuries

Someone was trying to sell Ondo Finance after founder Nathan Allman's death

Ondo Finance, a prominent tokenization platform managing over $3.8 billion in tokenized U.S. Treasuries and stocks, was reportedly offered for sale following the unexpected death of its 32-year-old founder and CEO, Nathan Allman, on May 25. This outreach to prospective buyers occurred amidst a bitter corporate control dispute, as Allman's estate, awarded to his parents, filed suit against acting CEO Ian De Bode in early August, alleging an unlawful power and money grab. While an Ondo spokesperson vehemently denied any sale discussions, calling them "wholly untrue," the escalating legal battle has likely paused any potential acquisition plans. This internal turmoil at one of the largest real-world asset platforms, known for its OUSG fund investing in BlackRock's tokenized BUIDL fund, highlights the governance and succession challenges that can arise in rapidly growing RWA firms. The situation underscores the importance of robust corporate structures and succession planning as the tokenized finance sector attracts significant capital and institutional interest, with crypto M&A reaching $12.9 billion in Q2.

CoinDeskAdded: Sep 24, 20267.5
Ondo takes tokenized assets to Australia in new market push
News

Ondo takes tokenized assets to Australia in new market push

Ondo Finance has officially expanded its tokenized real-world asset offerings into the Australian market, marking a significant step in the firm's global growth strategy. The expansion focuses on providing Australian investors with access to tokenized versions of U.S. Treasury-backed products, which have gained traction as a yield-bearing alternative to traditional cash holdings. By leveraging blockchain technology, Ondo aims to bridge the gap between decentralized finance and regulated financial instruments for institutional and retail participants in the region. This move follows a broader trend of RWA protocols seeking regulatory-friendly jurisdictions to scale their operations beyond the United States. The entry into Australia highlights the increasing demand for high-quality, liquid, and yield-generating assets on-chain. As Ondo integrates with local financial ecosystems, it positions itself to capture market share in a region known for its sophisticated investment landscape. This development underscores the maturation of the RWA sector as firms prioritize international compliance and accessibility to drive long-term adoption.

thestreet.comAdded: Sep 15, 20267.5
$346B in tokenized assets now spans 47 different asset types
Infrastructure

$346B in tokenized assets now spans 47 different asset types

A September 12 report from Token Terminal reveals that the total value of on-chain tokenized assets has reached $346.1 billion, spanning 47 distinct asset classes. USD-pegged stablecoins remain the dominant force, accounting for $298.5 billion or 86.2% of the total market. Excluding stablecoins, the non-stablecoin RWA market is valued at approximately $47.6 billion, with US Treasuries leading this segment at $15 billion. Other significant categories include yield strategies at $10.5 billion, credit funds at $6.4 billion, and gold at $5.1 billion. Tokenized stocks currently represent a smaller portion of the market at $2.4 billion. The data highlights a significant diversification in asset types, driven by increased institutional participation and clearer regulatory frameworks since 2024. This expansion underscores the growing maturity of blockchain infrastructure as a viable medium for traditional financial instruments.

cryptobriefing.comAdded: Sep 12, 20267.5
LBank adds USDY token by Ondo Finance, enabling onchain access to U.S. Treasury-backed yield
U.S. Treasuries

LBank adds USDY token by Ondo Finance, enabling onchain access to U.S. Treasury-backed yield

LBank has officially announced the listing of USDY, a yield-bearing tokenized dollar issued by Ondo Finance, on its cryptocurrency exchange platform. The asset is backed by a combination of short-term U.S. Treasuries and bank demand deposits, offering holders yield directly through the token structure. Deposits and spot trading for the USDY/USDT pair are scheduled to commence on August 31, 2026, with withdrawals opening the following day. This listing represents a strategic expansion of the collaboration between LBank and Ondo Finance to integrate more real-world assets into the exchange's existing crypto offerings. By providing access to USDY, LBank aims to broaden its portfolio for non-U.S. holders seeking exposure to yield-generating, treasury-backed digital assets. The trading pair will feature a 0.2% fee structure for both makers and takers. This development highlights the ongoing trend of centralized exchanges incorporating regulated, RWA-backed tokens to bridge traditional finance and decentralized markets.

tradersunion.comAdded: Sep 3, 20266.0
Binance Founder Changpeng Zhao Changes Stance on RWA Tokenization, Sees Growth Ahead
Active Strategies

Binance Founder Changpeng Zhao Changes Stance on RWA Tokenization, Sees Growth Ahead

Binance founder Changpeng Zhao has publicly reversed his long-standing skepticism regarding real-world asset (RWA) tokenization, signaling a major shift in his outlook for the sector. Speaking at the YZi Labs EASY Residency program, Zhao acknowledged the rising demand for blockchain-based exposure to traditional financial instruments, specifically citing U.S. Treasuries and stock tokens like bStocks. This pivot reflects a broader market trend where institutional players and retail investors are increasingly utilizing blockchain rails to access conventional assets. By converting ownership of physical or financial assets into digital tokens, the industry aims to enhance liquidity, reduce settlement times, and enable fractional ownership. Zhao now encourages countries and companies to actively explore the RWA space to modernize financial infrastructure and unlock new fundraising avenues. His endorsement serves as a significant validation for the sector, potentially accelerating investment and project development within the crypto ecosystem. This change in perspective from one of the industry's most influential figures highlights the growing practical viability of bridging traditional finance with decentralized networks.

cryptonews.netAdded: Sep 1, 20267.5
Sky, Securitize, and Ondo Finance account for $12.3B in the $44.5B RWA market
U.S. Treasuries

Sky, Securitize, and Ondo Finance account for $12.3B in the $44.5B RWA market

The tokenized real-world asset (RWA) market has surged by over 1,800% in recent years, reaching a total valuation of $44.5 billion. Three primary issuers—Sky, Securitize, and Ondo Finance—now dominate this sector, collectively managing $12.3 billion in assets, which accounts for 27% of the total market share. Sky leads the group with $4.5 billion, utilizing RWAs to back its USDS stablecoin, while Securitize manages $4.3 billion, bolstered by its role as the transfer agent for BlackRock’s tokenized Treasury fund. Ondo Finance holds $3.5 billion, offering products like OUSG that provide on-chain exposure to yield-bearing Treasuries. A significant milestone occurred on July 2, 2026, when Securitize listed on the NYSE under the ticker SECZ following a $400 million SPAC merger. This concentration of assets among three major players introduces systemic risks, as any regulatory or technical failure could trigger massive redemption pressure. Ultimately, the dominance of these firms highlights the transition of blockchain technology into essential infrastructure for traditional financial products. The reliance on US Treasuries as the primary driver of this growth underscores a shift toward government-backed securities as the preferred collateral for on-chain finance.

cryptobriefing.comAdded: Aug 26, 20268.0
US Treasury Bonds Are Back in Focus — Can USTB Offer Stability in a Changing Rate Cycle?
U.S. Treasuries

US Treasury Bonds Are Back in Focus — Can USTB Offer Stability in a Changing Rate Cycle?

The article examines the resurgence of US Treasury Bonds as a focal point for investors navigating a shifting interest rate environment. It highlights the role of Treasury bonds in providing stability and predictable income, which remains a cornerstone for retirement planning strategies. While the text discusses the broader macroeconomic appeal of these government-backed securities, it touches upon the potential for tokenized versions like USTB to offer enhanced liquidity and accessibility. By leveraging blockchain technology, such instruments aim to streamline the settlement process and lower the barrier to entry for retail participants. This shift reflects a growing institutional and retail interest in integrating traditional fixed-income assets into digital portfolios. The analysis underscores that as central banks adjust monetary policies, the demand for high-quality, low-risk assets remains robust. Ultimately, the integration of US Treasuries into the digital asset ecosystem represents a significant evolution in how investors manage risk and yield in modern financial markets.

kalkine.com.auAdded: Aug 26, 20265.5
RWA Tokenization and DeFi: On-Chain Assets
U.S. Treasuries

RWA Tokenization and DeFi: On-Chain Assets

Real-world asset (RWA) tokenization is transitioning from experimental status to a functional component of on-chain finance, with total market value estimated between 20 billion and 35 billion dollars. Tokenized US Treasuries, such as BlackRock's BUIDL fund, serve as the primary anchor for this growth, providing liquid, yield-bearing collateral for DeFi protocols like Aave, Morpho, and Pendle. While issuance is expanding rapidly, only about 10 percent of tokenized RWA value is currently deployed in DeFi, highlighting a significant gap between asset creation and productive on-chain utility. The integration of these assets requires complex legal wrappers and technical compliance layers, such as allowlists and transfer restrictions, which often conflict with the open nature of traditional DeFi. Institutional players including DTCC, JPMorgan, and Ondo Finance are actively piloting these rails to improve settlement efficiency and liquidity management. However, challenges like market fragmentation, pricing gaps, and the technical risks of updating smart contract logic remain significant hurdles for widespread adoption. Ultimately, the sector's success depends on bridging the divide between traditional financial controls and the programmable nature of blockchain infrastructure.

blockchain-council.orgAdded: Aug 18, 20268.0
Tether’s Hadron Partners With First Data and BKN301 for Saudi Arabia Tokenization
Stablecoins

Tether’s Hadron Partners With First Data and BKN301 for Saudi Arabia Tokenization

Tether reported a net operating profit of approximately $1.50 billion for the second quarter of 2026, primarily driven by its holdings in U.S. Treasuries and repo agreements. The company's total assets reached a valuation of $187.75 billion, reflecting significant growth in its reserve base. Additionally, Tether Gold (XAUT) saw a 9.5% increase in total holdings during the same period, even as the market price of gold experienced a 14.1% decline. On-chain data from Whale Alert tracked a substantial transfer of 500 million USDT from Binance’s hot wallet to the Tether treasury. Meanwhile, trading volume for the KRW-USDT pair on the Upbit exchange surged to nearly 140 million USDT on July 29, representing a significant increase from previous levels. These developments highlight the continued expansion of Tether's reserve management and the growing liquidity of its stablecoin products in regional markets. The financial performance underscores the role of traditional debt instruments in supporting the stability and scale of the Tether ecosystem.

crypto-economy.comAdded: Aug 6, 20266.5
Tokenized US T-bills reach all-time high market cap of $15B
U.S. Treasuries

Tokenized US T-bills reach all-time high market cap of $15B

Tokenized US Treasury products have reached a significant milestone, surpassing $15 billion in total on-chain market capitalization as of May 2026. This figure represents a threefold increase from the $5 billion recorded just 14 months prior, signaling rapid institutional adoption of blockchain-based financial instruments. Data from rwa.xyz indicates that by August 2026, the sector grew further to $16.16 billion across 85 distinct assets held by nearly 63,000 participants. Market leadership is highly concentrated, with five major products—including Circle’s USYC, BlackRock’s BUIDL, Franklin Templeton’s BENJI, and Ondo’s USDY—accounting for approximately 71% of the total market share. These assets provide institutional investors with traditional yields of roughly 3% APY while leveraging blockchain rails for near-instant settlement and enhanced composability. The shift away from legacy clearinghouses allows for efficient collateralization in DeFi protocols and streamlined cross-party transfers. However, the high concentration among a few issuers introduces systemic risk, as regulatory actions against any single provider could significantly impact the broader ecosystem. With an average position size exceeding $250,000, the market remains primarily an institutional domain with limited retail liquidity.

cryptobriefing.comAdded: Aug 3, 20268.5
Ondo Finance weighs acquisition worth up to $500 million
Infrastructure

Ondo Finance weighs acquisition worth up to $500 million

Ondo Finance, a prominent tokenization platform managing over $2.5 billion in assets, is reportedly evaluating a potential acquisition valued between $250 million and $500 million. The New York-based firm is exploring targets within the wealthtech sector to bolster its capabilities in bringing traditional financial assets on-chain. While an Ondo representative stated the company is not currently in active negotiations, the move reflects a broader trend of consolidation within the digital asset industry. As of 2026, crypto dealmaking has surged, with $12.9 billion in disclosed transaction value recorded in the second quarter alone. Ondo, founded by former Goldman Sachs executives, has maintained high capital efficiency, having raised only $34 million in total funding while scaling its tokenized U.S. Treasury and stock offerings. This potential acquisition strategy highlights the increasing focus on scale and distribution among leading RWA infrastructure providers. Such M&A activity is critical for the RWA market as firms seek to integrate specialized technology and licenses to capture institutional demand.

CoinDeskAdded: Jul 30, 20267.5
BNY Mellon plans to launch tokenized US Treasury settlement services in 2027
U.S. Treasuries

BNY Mellon plans to launch tokenized US Treasury settlement services in 2027

BNY Mellon has announced plans to launch a specialized settlement service for tokenized U.S. Treasury securities, with a projected rollout in 2027. This initiative aims to modernize the traditional financial infrastructure by leveraging blockchain technology to enhance the efficiency and speed of government bond transactions. By integrating tokenization into its existing custody and settlement operations, the bank seeks to reduce settlement times and operational friction for institutional clients. The move represents a significant commitment from a major global custodian to adopt distributed ledger technology for high-volume, low-risk asset classes. This development is expected to bolster the broader RWA market by providing a trusted institutional framework for digital asset settlement. As BNY Mellon manages trillions in assets, its entry into the tokenized Treasury space signals a shift toward mainstream adoption of blockchain-based financial services. The project underscores the growing industry trend of bridging legacy financial systems with decentralized ledger technology to improve liquidity and transparency.

bitget.comAdded: Jul 27, 20268.5
Securitize builds Wall Street credentials with SEC adviser license as tokenization expands
U.S. Treasuries

Securitize builds Wall Street credentials with SEC adviser license as tokenization expands

Securitize Capital, a subsidiary of the tokenization specialist Securitize, has successfully registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser. This strategic regulatory expansion significantly bolsters Securitize's capacity to serve a growing cohort of institutional investors keen on migrating traditional assets onto blockchain rails. The new license augments the firm's existing regulated operations, which already encompass a broker-dealer, an alternative trading system (ATS), a transfer agent, and fund administration services. This development is particularly pertinent given the ongoing regulatory scrutiny, with figures like SEC Commissioner Hester Peirce highlighting how certain crypto vaults and lending strategies might fall under investment adviser regulations. Securitize has already established itself as a key infrastructure provider, developing permissioned lending vaults with Euler that utilize tokenized assets such as VanEck's VBILL fund as collateral. The company's extensive partnerships with major asset managers, including BlackRock, Apollo, KKR, and VanEck, further underscore its pivotal role in the RWA market. Notably, Securitize issues BlackRock's BUIDL tokenized money market fund and collaborates with the New York Stock Exchange on tokenized securities trading infrastructure. This SEC registration provides a robust regulatory foundation, facilitating broader institutional adoption of onchain investment strategies within the evolving real-world asset tokenization landscape.

CoinDeskAdded: Jul 27, 20267.5
Analysis: Ondo Finance's 2026 In Numbers
U.S. Treasuries

Analysis: Ondo Finance's 2026 In Numbers

Ondo Finance has reached $3.6 billion in total value locked, marking a 40% increase since January and establishing the platform as a leader in both tokenized U.S. Treasuries and tokenized stocks. Despite a recent 29% decline in monthly transfer volume and a slight 2% dip in TVL, the platform's native ONDO token has surged nearly 28% as investors anticipate future growth. The protocol currently operates across 12 blockchains, with Ethereum hosting over half of its total assets. A significant milestone was achieved on July 23 when Ondo's subsidiary, Oasis Pro Markets, secured FINRA authorization to offer tokenized equities and ETFs to U.S. investors. This regulatory breakthrough removes a major barrier, as previous growth was driven entirely by non-U.S. markets. Additionally, the launch of Ondo Perps has generated $3.14 billion in trading volume over the past month, further integrating tokenized stocks as collateral. These developments position Ondo to capture a larger share of the $36.72 billion global RWA market as it expands into the domestic U.S. retail and institutional sectors.

cryptonews.netAdded: Jul 24, 20268.5
Top 3 Altcoins With Real Utility: Solana, Chainlink, and Ondo Finance Before the Bull Market
Infrastructure

Top 3 Altcoins With Real Utility: Solana, Chainlink, and Ondo Finance Before the Bull Market

Solana, Chainlink, and Ondo Finance are increasingly recognized for their tangible utility and potential roles in the evolving digital asset landscape. Solana leverages high-speed transaction capabilities to attract institutional partners like Visa and PayPal, positioning itself as a scalable alternative to Ethereum. Chainlink provides essential oracle infrastructure and the Cross-Chain Interoperability Protocol, which are critical for connecting traditional finance with decentralized networks. Ondo Finance focuses on the tokenization of conventional assets, including US Treasuries and ETFs, having surpassed $500 million in aggregate value across 200 assets. By collaborating with firms like Broadridge, Ondo aims to integrate shareholder voting rights into blockchain-based securities. While these projects show significant promise for real-world asset adoption, they face risks including market volatility, regulatory uncertainty, and competition from proprietary institutional solutions. Investors are cautioned that token utility and demand are not always directly correlated with network usage or platform growth. Ultimately, these three projects represent distinct approaches to bridging the gap between legacy financial systems and blockchain technology.

parameter.ioAdded: Jul 20, 20267.5
DTCC Tokenized Securities Go Live This Week as Wall Street’s Blockchain Pilot Begins
Infrastructure

DTCC Tokenized Securities Go Live This Week as Wall Street’s Blockchain Pilot Begins

The Depository Trust and Clearing Corporation (DTCC) has officially commenced limited production trades of tokenized Russell 1000 stocks, ETFs, and US Treasuries as of July 2026. This milestone marks a transition from theoretical pilots to live settlement on blockchain rails for one of Wall Street's primary clearing houses. Supported by a working group of over 50 financial firms, the initiative utilizes the ComposerX platform to tokenize assets already held in DTC custody. These tokens maintain the same legal entitlements and investor protections as traditional securities, operating under a December 2025 SEC no-action letter. By validating settlement and reconciliation workflows in a live environment, the DTCC is preparing for a full-scale service launch scheduled for October 2026. This development is significant because it integrates tokenization directly into the core US financial plumbing rather than relying on synthetic or offshore structures. As the DTCC custodies over $114 trillion in securities, this move establishes a critical reference architecture for the future of institutional digital asset infrastructure.

genfinity.ioAdded: Jul 14, 202610.0

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