10 億美元的代幣化美國國債：區塊鏈賦能資產管理的門戶

價值超過 10 億美元的美國公債現已在各種區塊鏈上進行數位化，貝萊德的代幣化資產基金 BUIDL 加入了政府證券領域的 16 個類似基金。 BUIDL 的市值為 2.448 億美元，吸引了 Ondo Finance 的大量存款，鞏固了其作為第二大代幣化政府證券基金的地位，僅次於富蘭克林鄧普頓的 FOBXX。這個里程碑凸顯了在區塊鏈技術的推動下，隨著越來越多的現實世界資產在以太坊、Polygon 和 Solana 等平台上進行代幣化，代幣化資產的採用越來越多。

Tokenized Treasuries: A $1 Billion Gateway to Blockchain-Enabled Asset Management

代幣化國債：價值 10 億美元的區塊鏈資產管理門戶

In a groundbreaking milestone for the blockchain industry, the total value of tokenized United States Treasuries across Ethereum, Polygon, Solana, and other blockchains has now surpassed the $1 billion mark. This remarkable achievement marks a transformative shift in the financial landscape, underscoring the growing adoption of blockchain technology to enhance efficiency and access to traditional assets.

這是區塊鏈產業的突破性里程碑，以太坊、Polygon、Solana 和其他區塊鏈上的代幣化美國公債總價值現已超過 10 億美元大關。這項非凡的成就標誌著金融格局的變革，突顯了區塊鏈技術越來越多地採用來提高效率和傳統資產的獲取。

BlackRock, a global asset management behemoth, played a pivotal role in driving this tokenization surge. The firm recently launched its BUIDL fund, an innovative tokenized asset fund focused on government securities. BUIDL, which is domiciled on Ethereum, has swiftly become the second-largest tokenized government securities fund, boasting a market capitalization of $244.8 million.

全球資產管理巨頭貝萊德在推動這一代幣化浪潮中發揮了關鍵作用。該公司最近推出了 BUIDL 基金，這是一款專注於政府證券的創新代幣化資產基金。 BUIDL 註冊於以太坊，已迅速成為第二大代幣化政府證券基金，市值達 2.448 億美元。

Within the past week alone, four transactions totaling $95 million have been deposited into the BUIDL fund, further solidifying its position as a major player in the tokenized Treasury market. Leading the charge is Ondo Finance, a real-world asset tokenization firm, which contributed a substantial $79.3 million to the fund. This transaction enables instant settlements for Ondo Finance's own US Treasury-backed token, OUSG.

僅在過去一周內，就有四筆交易總計 9,500 萬美元存入 BUIDL 基金，進一步鞏固了其作為代幣化國債市場主要參與者的地位。領頭羊是現實世界的資產代幣化公司 Ondo Finance，該公司向該基金捐贈了 7,930 萬美元。該交易支持 Ondo Finance 自己的美國財政部支持的代幣 OUSG 的即時結算。

As a result of these strategic investments, Ondo Finance now holds a significant 38% stake in BUIDL. The fund's value is pegged 1:1 to the United States Dollar, ensuring stability and providing investors with daily accrued dividends distributed monthly.

由於這些策略投資，Ondo Finance 目前持有 BUIDL 38% 的重要股權。該基金的價值與美元1:1掛鉤，確保穩定性並為投資者提供每月派發的每日應計股息。

The tokenization of government treasuries offers a compelling alternative to traditional stablecoin yields, especially in today's high-interest rate environment. As BlackRock CEO Larry Fink astutely observed, "Blockchain tokenization has the potential to enhance efficiency in capital markets."

政府國債的代幣化為傳統穩定幣殖利率提供了一個引人注目的替代方案，尤其是在當今的高利率環境下。正如貝萊德首席執行官拉里·芬克敏銳地觀察到的那樣，“區塊鏈代幣化有潛力提高資本市場的效率。”

Beyond government securities, blockchain technology has also facilitated the tokenization of a wide range of assets, including stocks, real estate, and commodities. On Ethereum alone, the value of tokenized real-world assets (RWAs) has reached an estimated $700 million.

除了政府證券之外，區塊鏈技術還促進了股票、房地產和大宗商品等多種資產的代幣化。僅在以太坊上，代幣化現實世界資產（RWA）的價值就已估計達到 7 億美元。

Franklin Templeton, another asset management giant, has emerged as a key player in the tokenization space with its Franklin OnChain U.S. Government Money Fund (FOBXX). FOBXX is available on multiple platforms, including Stellar and Polygon, which hold the second and third largest market shares of tokenized products.

另一家資產管理巨頭富蘭克林鄧普頓 (Franklin Templeton) 憑藉其富蘭克林鏈上美國政府貨幣基金 (FOBXX) 已成為代幣化領域的關鍵參與者。 FOBXX 可在多個平台上使用，包括 Stellar 和 Polygon，它們分別佔據代幣化產品第二和第三大市場份額。

WisdomTree, an asset management firm specializing in exchange-traded funds (ETFs), is also actively involved in tokenizing RWAs. Numerous blockchain-native firms, such as Ondo Finance, Backed Finance, Matrixdock, Maple Finance, and Swarm, are also contributing to the growth of this burgeoning market.

WisdomTree 是一家專門從事交易所交易基金（ETF）的資產管理公司，也積極參與 RWA 代幣化。許多區塊鏈原生公司，例如 Ondo Finance、Backed Finance、Matrixdock、Maple Finance 和 Swarm，也為這個新興市場的成長做出了貢獻。

The tokenization of over $1 billion worth of US Treasuries marks a watershed moment in asset management, demonstrating the transformative power of blockchain technology. As traditional finance embraces the innovative potential of blockchain, the market for tokenized assets is poised for exponential growth, with projections indicating a $16 trillion market by 2030.

價值超過 10 億美元的美國國債的代幣化標誌著資產管理的分水嶺，展示了區塊鏈技術的變革力量。隨著傳統金融擁抱區塊鏈的創新潛力，代幣化資產市場預計將呈指數級增長，預計到 2030 年市場規模將達到 16 兆美元。

This technological revolution is not merely about creating digital replicas of existing assets; it is about unlocking new possibilities in asset management. Tokenization enhances liquidity, reduces transaction costs, and provides investors with greater access to a broader range of investment opportunities.

這場科技革命不僅僅是創造現有資產的數位複製品；它旨在釋放資產管理的新可能性。代幣化增強了流動性，降低了交易成本，並為投資者提供了更多獲得更廣泛投資機會的機會。

As the convergence between traditional finance and blockchain innovation deepens, it is clear that tokenized assets will play an increasingly prominent role in the financial ecosystem of the future. The $1 billion milestone in tokenized treasuries is a testament to the growing adoption and transformative potential of this disruptive technology.

隨著傳統金融與區塊鏈創新融合的加深，代幣化資產顯然將在未來的金融生態系統中發揮越來越重要的作用。代幣化國債規模達到 10 億美元的里程碑證明了這種顛覆性技術的日益普及和變革潛力。