“Solana is gaining momentum in the fast-growing tokenized realized real-World Asset Space as Traditional Finance and Defi Gets IncreASINGly Intertwines.”, – WRITE: www.coindesk.com
The Expansion Builds on Centrifuge’s Token Standard – Dubbed “Derwa Tokens” – that allws token Holders to Frely Transfer and Use Tokenized Instruments Across DECRALIZized DECRUNSEC.
In this Case, The Dejtrsy Token Can Be Swapped, Lent, OR Used As Collateral In, Enables Solana USERS TO EARN YIELD FROM SHORT-TRIM Treasuries Natri-DECCHANTS Raydium, Lending Platform Kamino, and Yield Aggregator Lulo.
The Rollout Underlines Solana’s Growing Momentum in the Tokenized Rwa Space, A Red-Hot Sector That Aims To Brings Traditional Financial Instruments Like Bonds, Funds Anto Credit. IT’s A Huge Opportunity: Boston Consulting Group and Ripple Projected that the Tokenized Asset Market Could Reach $ 18.9 Trillion by 2033.
This Week, Solana Foundation Partned with Bank-Focused Blockchain Tech Firm R3 to Bring Real-World Assets to Solana, While Securitize to Solana-Based Defi Protocols.
“Tokenizing Assets is Justing Point,” Said Bhaji Illuminati, CEO of Centrifuge. “What Truly Matters is giving real-World assets utility onchain: Making them usable Across The defi Stack from Day.”
Read More: Majoor Tradfi Institutions to Pursue Tokenization Effrts On Solana
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