The Defiant·

Most Tokenized Cash Never Trades, Dune Finds

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$34.5B
tokenized RWA value

Tokenized real-world assets reached $34.5 billion at the end of August, according to a Dune report published Wednesday. Tokenized Treasury funds make up half of it and turned over 0.006% of supply that month. Equities, 8% of the market,…

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