Six funds hold 88% of tokenized U.S. Treasurys

Six funds account for 88% of all tokenized U.S. Treasurys, led by BlackRock’s BUIDL with $2.5 billion in assets, according to Cointelegraph, citing RWA.xyz data. Other major issuers include Franklin Templeton’s BENJI ($707 million), Superstate’s USTB ($661 million), Ondo’s USDY ($586 million), Circle’s USYC ($487 million) and Ondo’s OUSG ($424 million).