Treasury-yield surge boosts tokenization of real-world assets on blockchains, leading 'huge paradigm shift' in finance

• The rise of Treasury yields since 2022 has delivered a major boost to the tokenization of real-world assets.
• The total value of on-chain, real-world assets sits at $118.6 billion, according to Fundstrat.
• "It's becoming increasingly likely that blockchains can become the back-end infrastructure for almost every asset class."

The breathless rise of Treasury yields since 2022 has delivered a major boost to the tokenization of real-world assets.

With US bonds paying 5% recently, investment firms like Franklin Templeton have issued more government securities on the blockchain.