$EMINASCRYPT
Cooling DownSnapshot Window: 2026-08-18 15:50 UTC ยท โ Back to Crypto Overview
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a16z has a fascinating stat on tokenized bonds: $15.2b of bonds are now tokenized onchain. but only $800m, that is 5% is actually being used in DeFi. meanwhile, the global bond market is >$140t. so tokenized bonds are still just 0.01% of the underlying market. there are
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AI visual note: An a16z crypto chart titled 'The biggest tokenized asset category โ bonds โ sits largely idle in DeFi,' showing the share of circulating supply deployed in DeFi by category, with Reinsurance leading at $304M and Bonds at $799M despite a $15.2B market cap.