Sei Network disclosed that wallets holding tokenized United States Treasury products on its blockchain increased 41% during the last three months. The network currently holds approximately $275 million in tokenized real-world assets, ranking it 15th among blockchains in this category according to its own data.
The growth follows earlier reports showing 24% monthly increases in tokenized asset holders and a 155% spike in transfer volumes reaching $18 million. Sei has focused on Treasury products since Ondo Finance launched its USDY token on the platform. While total on-chain real-world assets exceed $38 billion industry-wide, Sei represents a small fraction of that market.
Read the full story on BSC News: Sei Network Reports 41% Rise in Tokenized US Treasury Holders Over Three Months
Want the day's biggest crypto stories in one email each morning? Subscribe to The BSCN Debrief