Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo.
U.S. Treasuries are a gateway for tokenization efforts, and has grown to a $850 million market from $100 million over the past year, rwa.xyz data shows.
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz.
The TON ecosystem, originally started by Telegram, has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users.
Durov's arrest stems from a warrant issued by France's OFIM, an office that works to prevent violence against minors, as part of a complaint into Telegram's lack of moderation and cooperation with law enforcement.
