Tokenized Treasuries

View tokenized US treasuries, bonds, and cash-equivalents and understand the nuances between them. Read our deep dive research report on tokenized treasuries on the RWA.xyz Research Blog.

Total Value

$9.07B

1.06%from 7d ago

7D APY

3.81%

+11.10%from 7d ago

Total Assets

56

Holders

57,661

+0.13%from 7d ago

Treasury Product Metrics

Show % of Total

Group By

Market Caps

Group By

as of 12/06/2025

Top Net Flows

As of 12/06/2025

Top Entities

#
Platform
RWA Count
Total Value
30D%
Market Share
1
3
$2.1B
27.58%
23.31%
2
2
$1.5B
0.03%
16.25%
3
1
$1.3B
30.92%
14.29%
4
5
$840.8M
7.88%
9.27%
5
1
$820.7M
2.84%
9.04%
6
7
$736.9M
15.68%
8.12%
7
1
$601.6M
24.56%
6.63%
8
1
$296.1M
0.12%
3.26%
9
1
$264.1M
12.19%
2.91%
10
1
$204.2M
29.76%
2.25%

Treasury Products

56 Total
📣 We now support asset reserves data for tokenized treasuries. Learn more here.

Product Name

Issuer

Ticker
Platform
Networks
Market Cap
7D APY
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Holders
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Issuer Legal Name

SEC CIK Number

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Domicile
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License or Regulatory Framework
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Custodian

Legal Identifier

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Min. Investment
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Management Fees
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Redemption Fees
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Performance Fees
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BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund
BUIDL
Solana LogoPolygon LogoOptimism LogoEthereum LogoBNB Chain LogoAvalanche C-Chain LogoArbitrum LogoAptos Logo
$2,028,023,417
2.83%
U.S. Qualified Purchaser
97
BlackRock USD Institutional Digital Liquidity Fund Ltd.
0002013810
British Virgin Islands Flag

British Virgin Islands

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
5,000,000 USDC
0.20-0.50%
0%
0%
0%
9 Addresses
Circle USYCCircle International
USYC
Solana LogoNEAR LogoEthereum LogoBNB Chain Logo
$1,296,722,412
3.50%
Non-U.S. InvestorU.S. Qualified Purchaser
58
Circle International Bermuda Limited
0001869343
Bermuda Flag

Bermuda

U.S. Securities Act Reg. S Exemption

SEC - U.S. Securities and Exchange Commission

100,000 USDC
0%
0%
0%
10.00%
4 Addresses
BENJI
Stellar LogoSolana LogoPolygon LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum LogoAptos Logo
$820,657,964
3.83%
U.S. and Global Retail
943
Franklin Templeton Trust
0001786958
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

0.15%
0%
0%
0%
10 Addresses
OUSG
XRP Ledger LogoSolana LogoPolygon LogoEthereum Logo
$772,564,511
3.68%
U.S. Qualified Purchaser
79
Ondo I LP
0001957431
United States of America Flag

United States of America

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

Clear Street LLC
0001708828
100,000 USDC
0.15%
0%
0%
0%
4 Addresses
WisdomTree Government Money Market Digital FundWisdomTree Government Money Market Digital Fund
WTGXX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$730,341,995
3.74%
U.S. Retail and Institutional Investor
602
WisdomTree Government Money Market Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.25%
0%
0%
0%
8 Addresses
USDY
Sui LogoStellar LogoSolana LogoNoble LogoMantle LogoMANTRA LogoEthereum LogoArbitrum LogoAptos Logo
$702,135,578
3.69%
Non-U.S. Investor
16,151
Ondo USDY LLC
0001949480
United States of America Flag

United States of America

U.S. Securities Act Reg. S Exemption

SEC - U.S. Securities and Exchange Commission

Morgan Stanley Smith Barney LLC
0001092203
0%
0%
0%
0%
10 Addresses
USTB
Solana LogoPlume LogoEthereum Logo
$601,641,415
4.32%
U.S. Accredited InvestorU.S. Qualified Purchaser
94
Superstate Asset Trust
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

UMB Bank, National Association
0000854729
100,000 USDC
0.15%
0%
0%
0%
3 Addresses
CUMIU
$509,453,252
Non-U.S. Investor
2
ChinaAMC Digital OFC
Hong Kong Flag

Hong Kong

Hong Kong Ordinance Professional Investor Exemption

HKMA - Hong Kong Monetary Authority

Standard Chartered Trustee (Hong Kong) Limited
RILFO74KP1CM8P6PCT96
0.05%
0%
0%
0%
JTRSY
Ethereum LogoCelo LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$296,135,497
4.03%
Professional Investor
9
Anemoy Capital SPC Limited
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

Pershing LLC
0000029648
100,000 USDC
0.25%
0%
0%
0%
5 Addresses
FDIT
$264,067,137
Institutional Investor
3
FMR LLC
0000315066
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.20%
0%
0%
0%
thBILL
$204,234,181
14.87%
Non-U.S. Accredited InvestorInstitutional Investor
320
Theo Protocol Corporation
Panama Flag

Panama

Non-Regulated

0%
0%
0%
0%
Delta Wellington Ultra Short Treasury On-Chain FundDelta Wellington Ultra Short Treasury On-Chain Fund
ULTRA
Ethereum LogoAvalanche C-Chain LogoArbitrum Logo
$195,973,462
2.97%
Accredited InvestorInstitutional Investor
10
Delta Wellington Ultra Short Treasury On‑Chain Fund
Singapore Flag

Singapore

Singapore Securities and Futures Act 2001

Monetary Authority of Singapore (MAS)

0.32%
0%
0.45%
0%
3 Addresses
OpenEden TBILL VaultTreasury Bills Institutional Liquidity Limited
TBILL
XRP Ledger LogoSolana LogoEthereum LogoArbitrum Logo
$116,351,461
4.25%
Professional InvestorU.S. Accredited Investor
56
Treasury Bills Institutional Liquidity Limited
0001969867
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

Bank of New York Mellon Corporation
0000813905
100,000 USDC
0%
0%
0.05%
0%
4 Addresses
USTBL
Stellar LogoPolygon LogoEthereum LogoBase LogoArbitrum Logo
$113,891,950
5.09%
U.S. and Global Retail
730
Spiko SICAV
France Flag

France

UCITS Directive (2009/65/EC)

National Competent Authority (of the EU Member State of authorisation), with ESMA coordination

CACEIS
1,000 USDC
0.25%
0%
0%
0%
5 Addresses
Bosera Digital Liquidity Income Fund SPBosera Digital Liquidity Income Fund
BELIF
$100,418,378
Non-U.S. Accredited Investor
1
Bosera Digital Liquidity Income Fund SP
Cayman Islands Flag

Cayman Islands

Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong)

The Hong Kong Securities and Futures Commission (SFC)

Standard Chartered Bank (Hong Kong) Limited
X5AV1MBDXGRPX5UGMX13
0%
0%
0%
0%
VanEck Treasury FundVanEck Treasury Fund
VBILL
Solana LogoEthereum LogoBNB Chain LogoAvalanche C-Chain Logo
$82,380,547
3.79%
27
VanEck Treasury Fund, Ltd.
0002068562
British Virgin Islands Flag

British Virgin Islands

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

State Street Bank and Trust Company
0000093748
100,000 USD
0.20%
0%
0%
0%
4 Addresses
FIUSD
$45,700,541
2
Sygnum Bank AG

Switzerland DLT Act

FINMA - Swiss Financial Market Supervisory Authority

0%
0%
0%
0%
Guggenheim Treasury Services DCPGreat Bridge Capital Company
DCP
XRP Ledger LogoEthereum Logo
$40,039,238
3
Great Bridge Capital Company LLC
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

U.S. Bancorp
0000036104
0%
0%
0%
0%
2 Addresses
CUMBU
$30,516,835
Non-U.S. Investor
1
ChinaAMC Digital OFC
Hong Kong Flag

Hong Kong

Hong Kong Ordinance Professional Investor Exemption

HKMA - Hong Kong Monetary Authority

Standard Chartered Trustee (Hong Kong) Limited
RILFO74KP1CM8P6PCT96
0.40%
0%
0%
0%
XDC LogoSolana LogoSEI LogoPolygon LogoNEAR LogoEthereum LogoAvalanche C-Chain LogoAptos Logo
$27,372,166
Accredited InvestorInstitutional Investor
9
Libre SAF VCC
Singapore Flag

Singapore

Singapore Securities and Futures Act 2001 – Capital Markets Services License for Fund Management

Monetary Authority of Singapore

50,000 USD
0.15%
0%
0%
0%
9 Addresses
bIB01
Gnosis LogoEthereum LogoAvalanche C-Chain Logo
$20,614,031
Non-U.S. Investor
89
Backed Assets (JE) Limited

Jersey, Channel Islands

Switzerland DLT Act

FINMA - Swiss Financial Market Supervisory Authority

InCore Bank AG
529900V0KW3BY148IT37
5,000 USDC
0%
0.20%
0.20%
0%
3 Addresses
AAULF
XRP Ledger LogoXDC Logo
$15,613,311
Professional InvestorInstitutional Investor
3
abrdn Liquidity Fund
Luxembourg Flag

Luxembourg

MiFID II

CSSF - Commission de Surveillance du Secteur Financier

5,000 USD
0.10%
0%
0%
0%
3 Addresses
XTBT
Ethereum LogoAvalanche C-Chain Logo
$14,814,008
26
OpenTrade SPC
Cayman Islands Flag

Cayman Islands

United Kingdom Financial Services and Markets Act 2000 Order 2005/1529 Exemptions

FCA - United Kingdom Financial Conduct Authority

100 USDC
0.30%
0%
0%
0%
2 Addresses
mTBILL
$8,784,078
Non-U.S. Investor
257
Midas Software GmbH
Germany Flag

Germany

German Electronic Securities Act

BMF - German Federal Ministry of Finance

Maerki Baumann & Co. AG
529900FMZSRFHZA8OU51
0%
0%
0%
0%
CASH+
Ethereum LogoBNB Chain Logo
$5,759,258
Non-U.S. Investor
12
Reale Assets Limited
British Virgin Islands Flag

British Virgin Islands

Hong Kong SFC-authorized fund

Securities and Futures Commission (SFC) of Hong Kong

Bank of China (Hong Kong) Limited
0001127449
100 USDC
0%
0%
0%
0%
2 Addresses
USTY
$4,660,000
Professional Investor
1
Yieldteq LLC
0001979984
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

State Street Bank and Trust Company
0000093748
20,000 USDC
0.15%
0.05%
0%
0%
CUMFU
$4,427,651
Non-U.S. Investor
3
ChinaAMC Digital OFC
Hong Kong Flag

Hong Kong

Hong Kong Ordinance Professional Investor Exemption

HKMA - Hong Kong Monetary Authority

Standard Chartered Trustee (Hong Kong) Limited
RILFO74KP1CM8P6PCT96
0.60%
0%
0%
0%
STBT
$2,998,853
U.S. Accredited Investor
45
Prometheus Solutions Ltd.
Seychelles Flag

Seychelles

Singapore Securities and Futures Act Section 275 Exemption

MAS - Monetary Authority of Singapore

Bank of New York Mellon Corporation
0000813905
0.30%
0%
0%
0%
USFR.d
Ethereum LogoBlast LogoBase LogoArbitrum Logo
$2,723,916
Non-U.S. Global Retail
32
Dinari, Inc.
0001898281
United States of America Flag

United States of America

U.S. Securities Act Reg. S Exemption

SEC - U.S. Securities and Exchange Commission

0%
0.25%
0.50%
0%
4 Addresses
nTBILL
$2,308,328
0.78%
37,266
Nest DAO LLC
Republic of the Marshall Islands Flag

Republic of the Marshall Islands

0%
0%
0%
0%
USTRY
Stellar LogoSolana Logo
$2,282,643
3.31%
Non-U.S. Investor
266
Etherfuse Inc
United States of America Flag

United States of America

Switzerland DLT Act

FINMA - Swiss Financial Market Supervisory Authority

Spiko SICAV
0%
0%
0%
0%
2 Addresses
RYT
Polygon LogoEthereum LogoArbitrum Logo
$2,019,173
Non-U.S. Investor
24
Solowin Digital Horizon SP
0001959224
Cayman Islands Flag

Cayman Islands

Cayman Islands Mutual Funds Act

CIMA - Cayman Islands Monetary Authority

Standard Chartered Bank (Hong Kong) Limited
X5AV1MBDXGRPX5UGMX13
0%
0%
0%
0%
3 Addresses
WisdomTree Floating Rate Treasury Digital FundWisdomTree Floating Rate Treasury Digital Fund
FLTTX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$1,761,841
U.S. Retail and Institutional Investor
128
WisdomTree Floating Rate Treasury Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.05%
0%
0%
0%
8 Addresses
bIBTA
Gnosis LogoEthereum Logo
$1,197,915
Non-U.S. Investor
22
Backed Assets (JE) Limited

Jersey, Channel Islands

Switzerland DLT Act

FINMA - Swiss Financial Market Supervisory Authority

InCore Bank AG
529900V0KW3BY148IT37
5,000 USDC
0%
0.20%
0.20%
0%
2 Addresses
WisdomTree Short-Term Treasury Digital FundWisdomTree Short-Term Treasury Digital Fund
WTSYX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$1,034,857
U.S. Retail and Institutional Investor
66
WisdomTree Short-Term Treasury Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
25 USD
0.05%
0%
0%
0%
8 Addresses
WisdomTree 3-7 Year Treasury Digital FundWisdomTree 3-7 Year Treasury Digital Fund
WTTSX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$1,008,667
U.S. Retail and Institutional Investor
31
WisdomTree 3-7 Year Treasury Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.05%
0%
0%
0%
8 Addresses
WisdomTree TIPS Digital FundWisdomTree TIPS Digital Fund
TIPSX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$982,497
U.S. Retail and Institutional Investor
33
WisdomTree TIPS Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.05%
0%
0%
0%
8 Addresses
WisdomTree 7-10 Year Treasury Digital FundWisdomTree 7-10 Year Treasury Digital Fund
WTSTX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$964,790
U.S. Retail and Institutional Investor
20
WisdomTree 7-10 Year Treasury Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.05%
0%
0%
0%
9 Addresses
WisdomTree Long Term Treasury Digital FundWisdomTree Long Term Treasury Digital Fund
WTLGX
Stellar LogoPlume LogoOptimism LogoEthereum LogoBase LogoAvalanche C-Chain LogoArbitrum Logo
$823,514
U.S. Retail and Institutional Investor
23
WisdomTree Long Term Treasury Digital Fund
0001859001
United States of America Flag

United States of America

U.S. Securities Act Form N-1A for Mutual Funds

SEC - U.S. Securities and Exchange Commission

Bank of New York Mellon Corporation
0000813905
0.05%
0%
0%
0%
8 Addresses
ArCoinArca U.S. Treasury Fund
RCOIN
$440,028
U.S. and Global Retail
22
Arca U.S. Treasury Fund
0001758583
United States of America Flag

United States of America

U.S. Securities Act Form N-2 for Closed-end Funds

SEC - U.S. Securities and Exchange Commission

UMB Bank, National Association
0000854729
1,000 USD
0.25%
0%
0%
0%
XFTB
$330,999
0%
2
OpenTrade SPC
Cayman Islands Flag

Cayman Islands

100 BENJI
0%
0%
0%
0%
DMMF01
$283,951
Non-U.S. Accredited Investor
9
DigiFT (Tech) Singapore Pte. Ltd.
Singapore Flag

Singapore

Singapore Securities and Futures Act Section 275 Exemption

MAS - Monetary Authority of Singapore

2,000 USDC
0.30%
0%
0.10%
0%
bZPR1
$282,389
Non-U.S. Investor
2
Backed Assets (JE) Limited

Jersey, Channel Islands

Switzerland DLT Act

FINMA - Swiss Financial Market Supervisory Authority

InCore Bank AG
529900V0KW3BY148IT37
5,000 USDC
0%
0.20%
0.20%
0%
TBV
$59,404
Non-U.S. Accredited Investor
11
OpenTrade SPC
Cayman Islands Flag

Cayman Islands

United Kingdom Financial Services and Markets Act 2000 Order 2005/1529 Exemptions

FCA - United Kingdom Financial Conduct Authority

100 USDC
0.30%
0%
0%
0%
4 Addresses
TBONDS01
$18,086
Non-U.S. Investor
22
SWARM X GmbH
Germany Flag

Germany

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

ATG Azimut Treuhandgesellschaft mbH
894500XMIW753AA06R27
0.20%
0.10%
0.10%
0%
TBONDS13
$13,471
Non-U.S. Investor
30
SWARM X GmbH
Germany Flag

Germany

Liechtenstein Blockchain Act

FMA - Liechtenstein Financial Market Authority

ATG Azimut Treuhandgesellschaft mbH
894500XMIW753AA06R27
0.10%
0.10%
0.10%
0%
BlackRock ICS US Treasury FundInstitutional Cash Series plc
ABUTF
$1,635
1
Institutional Cash Series plc
549300H04MP4ID5NV419
Ireland Flag

Ireland

MiFID II (Ireland)

Governing Body: Central Bank of Ireland (CBI)

5,000 USD
0.10%
0%
0%
0%
Fidelity ILF - The United States Dollar FundFidelity Institutional Liquidity Fund plc
AFULF
$1,568
1
Fidelity Institutional Liquidity Fund plc
254900CNJEQYMF3S3036
Ireland Flag

Ireland

MiFID II (Ireland)

Governing Body: Central Bank of Ireland (CBI)

5,000 USD
0.10%
0%
0%
0%
State Street USD Liquidity LVNAV FundState Street Investment Management
ASULF
$903
1
State Street Global Advisors Europe Limited
Ireland Flag

Ireland

MiFID II (Ireland)

Governing Body: Central Bank of Ireland (CBI)

5,000 USD
0.10%
0%
0%
0%
tfBILL
$1
Professional Investor
2
Adapt I LP
0002072411
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

TradeStation Securities, Inc.
0001002006
100,000 USDC
0.30%
0%
0%
0%
Cash Management Pool (USDC)Maple Protocol Pool Operations
MPLcashUSDC
Ethereum LogoBase Logo
U.S. Accredited Investor
12
Protocol Pool Operations Pty Ltd.
0001995469
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

J.P. Morgan
0000835271
100,000 USDC
0.50%
0%
0%
0%
2 Addresses
Cash Management Pool (USDC-SPL)Maple Protocol Pool Operations
MPLcashUSDC-SPL
U.S. Accredited Investor
Protocol Pool Operations Pty Ltd.
0001995469
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

100,000 USDC
0.50%
0%
0%
0%
0 Addresses
Cash Management Pool (USDT)Maple Protocol Pool Operations
MPLcashUSDT
U.S. Accredited Investor
2
Protocol Pool Operations Pty Ltd.
0001995469
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

BNP Paribas SA.
0000872786
100,000 USDT
1.00%
0%
0%
0%
ifBILL
Non-U.S. Investor
Fortunafi Capital International LP
0002000551
British Virgin Islands Flag

British Virgin Islands

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

100,000 USDC
0.25%
0%
0%
0%
0 Addresses
fBILL
U.S. Qualified Purchaser
Fortunafi Capital US LP
0002000525
United States of America Flag

United States of America

U.S. Securities Act Reg. D Exemption

SEC - U.S. Securities and Exchange Commission

25,000 USDC
0.25%
0%
0%
0%
0 Addresses
LGIM US Dollar Liquidity FundLegal & General Investment Management Limited
ALULF
Legal & General Investment Management Ltd.
0001495115
United Kingdom Flag

United Kingdom

MiFID II (Ireland)

Governing Body: Central Bank of Ireland (CBI)

5,000 USD
0.10%
0%
0%
0%
0 Addresses