Tokenized Treasuries Are Becoming the Backbone of Onchain Finance
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The decision to tokenize a US Treasury index reflects the growing role of government bonds in digital markets. Treasuries are increasingly used as collateral in blockchain-based finance, making them a natural “base layer” for institutional adoption.
By moving this data onchain, S&P and Kaiko aim to simplify access for developers and financial firms, reducing reliance on traditional data pipelines. As tokenized assets continue to grow, this approach could expand to other major indices, accelerating the convergence of traditional finance and blockchain ecosystems.