Six institutions, including BlackRock, hold 88% of tokenized US Treasuries
Six institutions hold 88% of tokenized US Treasuries, according to Cointelegraph. BlackRock BUIDL is the largest holder with $2.5 billion worth, followed by Franklin Templeton BENJI ($7.07 billion), Superstate USTB ($6.61 billion), Onderstaedt Finance USDY ($5.86 billion), Circle USYC ($4.87 billion), and Onderstaedt Finance OUSG ($4.24 billion).
