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Tokenized real-world asset deposits triple to $7.4B amid DeFi slump

BeInCrypto +1 ·

CSHR
CSHR CoinShares Plc
$4.27 -3.61%
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  1. 1As DeFi funding broadly cooled, deposits in tokenized real-world assets more than tripled over the past year to reach $7.4 billion.
  2. 2According to CoinShares data, deposits climbed from $2.3 billion to $7.4 billion, driven by U.S. Treasuries and multi-strategy funds.
  3. 3Total DeFi deposits fell roughly 15%, and CoinShares said demand stems from utility rather than the market cycle.

Source BeInCrypto +1 · View original ↗

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