⚡️ RESEARCH: Tokenized Treasurys remain led by BlackRock’s BUIDL at 33%, but diversification is growing as Franklin Templeton, Ondo and Circle expand their share. Access is mostly limited to Qualified Purchasers, redemptions follow traditional cut-off times, and exchanges apply haircuts of about 10% versus 2% in repo markets. As the infrastructure matures, will these gaps start to close?(Cointelegraph)