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Tokenized Treasuries Don't Trade: Pantera's Data, BlackRock's BUIDL and the SEC Innovation Exemption (2026)
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Tokenized Treasuries Don't Trade: Pantera's Data, BlackRock's BUIDL and the SEC Innovation Exemption (2026)
Pantera's State of Tokenization found that whitelisted tokens hold 59% of tokenized value and produce 0.2% of onchain trading. BlackRock's $2.2 billion BUIDL fund has 104 holders.
·United States
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