CoinMeta data: According to Chainalysis, 66.9% of the tokenized U.S. Treasury assets with identifiable geographical locations are held by Italy, Portugal, and Singapore, while the United States accounts for only 10.5%. As of July 1, 2026, the value of tokenized U.S. Treasury assets reached $15.42 billion, a 125% increase from the previous year. The study shows that tokenized products have reduced the minimum investment amount, allowing overseas investors to invest in Treasuries without the need for a traditional U.S. brokerage account.