BlackRock's and Franklin Templeton's tokenized Treasury products posted the biggest market cap gains in 24 hours, underscoring how fast traditional finance is moving on-chain. Together, the two products account for a massive share of a tokenized Treasury market that has grown from under $1B in early 2024 to an estimated $10B to $17B by mid-2026. The two heavyweights, comparedBUIDL, which BlackRock launched on March 20, 2024, via Ethereum, has rapidly claimed approximately 40% of the entire on-chain tokenized Treasury market. Traditional Treasury markets close on weekends and holidays. Why hold a dollar-pegged token yielding nothing when you could hold a tokenized Treasury yielding 3.55%?