Tokenized Treasuries are digital representations of U.S. authorities bonds and are on the forefront of the illustration of real-world property on blockchains, permitting them to be traded as tokens on networks reminiscent of Ethereum, Stellar, Solana and Mantle. Digital asset companies and TradFi heavyweights have been racing to place monetary devices reminiscent of authorities bonds, non-public credit score and cash market funds on blockchain rails, to realize operational efficiencies and quicker settlements.