Spark has allocated an additional $1 billion to tokenized U.S. Treasury-backed real-world assets (RWAs), increasing its total value locked (TVL) to $2.4 billion. This move consolidates Spark's position as the leading on-chain allocator in the tokenized U.S. Treasuries market, controlling over two-thirds of the $3.5 billion market. The latest funding will support BlackRock/Securitize's BUIDL, Superstate's USTB, and Centrifuge-Anemoy's JTRSY, following Spark's 'Tokenization Grand Prix' initiative aimed at enhancing liquidity in real-world asset tokenization. Spark's strategy reflects a growing institutional interest in decentralized finance (DeFi), especially across Asia Pacific. This development follows a significant governance vote and contributes to the trend of integrating low-volatility, yield-generating assets into DeFi ecosystems. The expansion also showcases the automated liquidity provision via Spark’s Liquidity Layer, which facilitates transactions across various networks and protocols. This allocation aligns with the projected growth of tokenized RWAs, expected to reach a value of $50 billion in 2025, as traditional financial asset classes move toward blockchain representation.

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