🚨BLACKROCK #DOMINATES TOKENIZED TREASURIES MARKET
🔹Six issuers control 88% of all tokenized US Treasurys, per RWA.xyz data.
🔹BlackRock’s BUIDL leads with $2.5B market cap, making up 41% of the sector.
🔹Other top issuers: Franklin Templeton’s BENJI, Superstate’s USTB, Ondo’s USDY and OUSG, and Circle’s USYC.
🔹Overall tokenized real-world asset market hit a record $21.3B in April.
🔹Concerns raised over centralization risks on permissioned blockchains.