TechFlow reports, according to a Friday release by Binance Research, the total market capitalization of on-chain tokenized real-world assets (RWA) has surpassed $12 billion, reaching an all-time high.
Among them, the market cap of tokenized government bond funds (digital tokens representing U.S. Treasuries) has exceeded $2.2 billion, with BlackRock's BUILD nearing $520 million and Franklin Templeton's FBOXX at $434 million.




