Spark Protocol Increases Investment in Tokenized US Treasuries
- Spark Protocol invests an additional $1 billion in US tokenized treasuries.
- Total investment by Spark now stands at $2.4 billion.
- Spark controls over 30% of the tokenized treasury market, valued at approximately $6.6 billion.
- Investment recipients include BlackRock/Securitize’s BUIDL ($500 million), Superstate’s USTB ($300 million), and Centrifuge-Anemoy’s JTRSY ($200 million).
Spark Protocol’s recent $1 billion investment increases its total stake in US tokenized treasuries to $2.4 billion, securing control of over 30% of this market.
Source (2.6)https://hodl.press/spark-defi-service-invests-1-billion-in-tokenized-u-s-bonds/?rand=24434