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TechFlow news, according to a new CoinGecko report, tokenized treasury products grew by 641% in 2023. Tokenized U.S. Treasuries surged from $114 million to $845 million in 2023, but growth slowed to 1.9% in January 2024, reaching $861 million.
Franklin Templeton leads by far with $332 million in token issuance, capturing over 38.6% of the market share.
A new CoinGecko report shows tokenized treasury products grew by 641% in 2023. Tokenized U.S. Treasuries surged from $114 million to $845 million in 2023, but growth slowed to 1.9% in January 2024, reaching $861 million. Franklin Templeton leads with $332 million in tokenized issuance, capturing over 38.6% of the market share.
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