Tokenized U.S. Treasury funds have surpassed $15 billion in market capitalization, driven by significant inflows over the past 30 days. Securitize led growth, adding $580 million to its tokenized Treasury offerings.
The total market value for tokenized U.S. Treasury funds now stands at $15.20 billion, as institutions and DeFi users chase stable, yield-bearing assets. BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), issued by Securitize, accounts for $2.58 billion of that total.
JPMorgan added $105.1 million in tokenized Treasury value over the same period. Franklin Templeton followed with a $95.4 million increase. Securitize's platforms recorded a 332 percent rise in distributed value over 30 days.
JPMorgan's involvement extends beyond direct tokenized Treasury issuance. The Depository Trust & Clearing Corporation is testing stock and Treasury tokenization with roughly 40 institutions, including JPMorgan and Goldman Sachs.
Tokenized Treasuries draw demand from DeFi protocols using them as regulated, low-risk yield collateral—an alternative to native lending markets with higher volatility exposure.
Tokenized equities are also gaining traction. The market cap of on-chain tokenized equities rose 16 percent over the past 30 days to roughly $1.9 billion, with overall distributed value up 105 percent. Figure recorded the fastest growth among major platforms at 935 percent over 30 days. Securitize saw a 332 percent increase in this segment, while xStocks gained about 62 percent.
Cantor Partners is collaborating with Securitize on tokenized securities distribution, adding another traditional finance entrant to the on-chain capital markets stack.
The Digital Asset Market Clarity Act provides a regulatory backdrop for these developments. The market-structure bill defines which digital assets are securities or commodities and assigns regulatory jurisdiction, a framework that supports broader institutional issuance of tokenized assets.
