Real-world attitude

Wall Street may have taken the lead in the bitcoin ETF arms race, but crypto natives are still holding their ground in the real-world asset space.

There’s now almost $1.5 billion tied up in tokenized funds buying US Treasurys and other public securities, a figure which has tripled over the past year and nearly doubled year-to-date.

BlackRock’s and Franklin Templeton’s funds, BUIDL and FOBXX, are the two biggest with $456 million and $348 million a pop from 13 and 419 token holders, according to RWA.xyz.

WisdomTree Prime’s government money market digital fund has otherwise attracted $5.5 million from 130 contributors.

(A $5-million minimum investment for BUIDL…

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