---
title: Article by FT ▶️ Investors pile into tokenised Treasury funds.
description: "Stablecoin issuers and traders are attracted by yields on offer and potential use as collateral in some derivatives transactions.\n\n🔴 Crypto companies and traders are pouring billions of dollars into tokenised versions of money market and Treasury bond mutual funds, as they look beyond stablecoins to other places to park excess cash that can also give them some yield. \n\n🔴Total assets held in tokenised Treasury products — which include funds whose units have been converted into digital tokens as well as some tokenised US government bonds — have jumped 80 per cent so far this year to $7.4bn, according to data group RWA.xyz. \n\n🔴Funds run by BlackRock, Franklin Templeton and Janus Henderson have grown particularly rapidly, with combined assets tripling. Inflows have been driven in part by crypto traders, many of whom are finding tokenised funds a more attractive place than stablecoins to park their money. Some investors are also starting to use these funds as an easy-to-trade form of collateral in crypto derivatives transactions.\n\nhttps://lnkd.in/e25ZwDG5"
---

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# [Article by FT ▶️ Investors pile into tokenised Treasury funds.](https://blog.syzgroup.com/syz-the-moment/article-by-ft-️-investors-pile-into-tokenised-treasury-funds)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 8, 2025, 12:43:20 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/article-by-ft-️-investors-pile-into-tokenised-treasury-funds)

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