Home Guides RWA Race Sees Tokenized Treasury Market Grows Nearly 600% as Ethereum (ETH) Overtakes Stellar (XLM)

RWA Race Sees Tokenized Treasury Market Grows Nearly 600% as Ethereum (ETH) Overtakes Stellar (XLM)

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RWA Race Sees Tokenized Treasury Market Grows Nearly 600% as Ethereum (ETH) Overtakes Stellar (XLM)

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According to real-world asset (RWA) monitoring platform RWA.xyz, the tokenized Treasury market surged to $698 million as of Monday from around $100 million at the start of the year. The expansion was spurred by new entrants into the space as well as from existing platform growth, Charlie You, co-founder of RWA.xyz, noted in the Our Network newsletter.

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