
Publier

Calm Whale 🐳
$14bn+ of tokenized money market funds, 86% of the class, updated prices at least weekly through August and recorded no onchain trades at all. Publishing a price is what makes a secondary market possible, but these products mostly redeem with the issuer rather than trading.
Tokenization serves a different purpose for each asset class. Our RWA report sets out what each one is for.

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