BlackRock, Ondo, and Superstate are the most influential companies in the RWA field in the first quarter
BlackRock, Ondo, and Superstate were the companies that had the biggest impact in the RWA field in the first quarter. The RWA market had a significant growth spurt in the first quarter, driven by the huge interest from institutions and the launch of innovative products, including BlackRock's US dollar institutional digital liquidity fund, Superstate's short-term US government securities fund, and Ondo's tokenized treasury bills such as USDY, which grew by 41% to nearly $1.3 billion.
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