BlackRock, five others account for 88% of all tokenized treasury issuance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Concentration of Tokenized US Treasurys: Six entities dominate the tokenized US Treasurys market, with BlackRock leading at a market cap of $2.5 billion, accounting for 41.1% of the total market. Together, these six funds represent 88% of all tokenized treasuries issued.
Concerns Over Centralization: The centralization of tokenized real-world assets (RWAs) raises concerns about authority control and asset confiscation, particularly on permissioned blockchains. Despite this, the tokenized RWA market is projected to grow significantly in 2025 due to regulatory clarity and advancements in digital ownership.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
