Data: The total market value of tokenized government bonds has now exceeded 1.5 billion dollars

ChainCatcher news, according to a post by Bitcoin.com on the X platform, the total market capitalization of tokenized government bonds has now exceeded $1.5 billion. Tokenized government bonds and real-world asset (RWA) protocols experienced significant growth in 2024. Since April, there has been a surge in demand for government bonds, bonds, and cash equivalents, including tokenized U.S. government bonds, leading to a 35% growth in the RWA sector.

The total value locked (TVL) of key player in the RWA DeFi space, @OndoFinance, increased from $221 million to $507 million, while BlackRock's BUIDL and @FTI_US's FOBXX reported growths of 65% and nearly 27%, respectively.