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Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield

The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.

Updated May 23, 2023, 1:51 p.m. Published May 19, 2023, 8:34 p.m.
(Ryan Quintal/Unsplash, Modified by CoinDesk)
(Ryan Quintal/Unsplash, Modified by CoinDesk)