Securitize, J.P. Morgan, Franklin Templeton drive $65M in tokenized Treasury market cap growth in one week

Tokenized US Treasury products issued by Securitize, J.P. Morgan, and Franklin Templeton added a combined $65.1 million in market capitalization over the past week. That single-week figure is part of a broader wave that has pushed the total tokenized US Treasury market well past the multi-billion-dollar threshold. Who’s doing the heavy lifting Securitize has positioned itself as the dominant tokenization platform in this race, and the numbers reflect it. According to Token Terminal, Securitize’s tokenized products grew by $580 million over the last 30 days alone. The firm now trades publicly on the NYSE under the ticker SECZ, giving it the kind of visibility and accountability that institutional counterparties tend to appreciate. A significant chunk of Securitize’s growth is tied to its role powering BlackRock’s BUIDL fund. J.P. Morgan added $105.1 million in tokenized product market cap over the past 30 days through its Kinexys platform. The bank has been running institutional pilot programs focused on tokenized fund settlements, stress-testing the plumbing that would allow large-scale asset transfers to happen on-chain rather than through legacy clearing systems. Franklin Templet...