Tokenized Treasury Hit Record 4.2b Market Cap Alid CRIPTO Correction

Since cryptocurrencies crossed the prophetic correction of the wide market, digital property investors demanded refuge in the tokenized American treasury products.

From the end of January, the combined market capitalization of tokens that supported the cash registers are 800 million dollars that it hit $ 4.2 billion on Wednesday Wednesday, Data source rva.kiz It shows.

Real-World Assert Platform Ondo Finance (Ondo) Products, short-term zone search and USMI, climbed only shy in combination of $ 1 billion, 53% increase in market value in the last month. Buyidl, a token that has released the asset manager in Blackrock and the tokenization firm securitize, he gained 25% in the same period to surpass $ 800 million. Property manager Franklin Templeton Benji Token has expanded to $ 687 million, increasing 16%, while Superstate hit 363 million dollars, more than 63%.

Awarded Hashnote’s SSIC, spilled over 20% of its market cap according to $ 900 million, predominantly due to the decline in the protocol of the EXY protocol after return of investors. The token is the main support of the usual stem of the USD0 USD, which fell below the $ 1 billion offer from its January $ 1.8 billion.

“We believe the growth of tokenized caps for the cashier’s market is reflected in the quality, similar to equal assets for American cash registers during economic uncertainty,” Brian Coe, head of research in RVA.XIZ said for COINDESK.

Che has based its analysis to compare the growth of a market cap in market payment in tokenized cash registers between November and January, when the crypto markets also gathered from February when prices were collected.

During a recent bear, the tokenized treasury grew faster than Stablecoins, contrary to the Bikevna phase, when the growth of Stablecoins turned off the treasure token market.

“This signals Some investors do not go out of ecosystems, but also a fairly rotating capital in safer, upcoming assets to importance to improving market conditions,” Choe said.