🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
BlackRock and five other companies account for 88% of the tokenization of government bond issuance.
PANews April 26 news, according to Cointelegraph reports, RWA.xyz data shows that six entities hold 88% of tokenized U.S. Treasury bonds. The largest tokenized wealth issuer remains BlackRock. The company's tokenized U.S. Treasury bond fund BUIDL has a market capitalization of $2.5 billion, which is 360% higher than its closest competitor. The top six funds also include Franklin Templeton's BENJI, with a market capitalization of $707 million; Superstate's USTB, with a market capitalization of $661 million; Ondo's USDY, with a market capitalization of $586 million; Circle's USYC, with a market capitalization of $487 million; and Ondo's OUSG fund, with a market capitalization of $424 million. These six funds together account for 88% of the total issuance of tokenized Treasury bonds.