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Spark has committed to investing an additional $1 billion in tokenized U.S. debt, increasing its total TVL to $2.4 billion."

Internet reports, Decrypt reports that Sky Ecosystem's lender DAO Spark said it has committed to investing an additional US$1 billion in tokenized real-world assets (RWAs), especially those backed by U.S. Treasury bonds. The expansion brings Spark's total locked value (TVL) to $2.4 billion. The new funds will be allocated based on the results of previous "tokenization Grand Prix": BlackRock/Securitize's BUIDL fund received US$500 million, Superstate's USTB received US$300 million, and Centrifuge-Anemoy's JTRSY received US$200 million. These three funds mainly allocate short-term U.S. bonds, with current total sizes of US$2.81 billion, US$490 million and US$237 million respectively. Spark currently controls more than two-thirds of the US$3.5 billion tokenized U.S. Treasury market, consolidating its leadership in on-chain RWA deployments.

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