Securitize has launched an innovative "sToken" architecture, which uses the ERC-4626 standard to provide institutional investors with a new way to obtain liquidity from physical assets through cooperation with Elixir. This move allows investors to convert RWA issued by Securitize into Elixir's decentralized US dollar token deUSD while maintaining returns. BlackRock's BUIDL token will be the first pilot of the program, and more assets will be added in the future to further promote market interest and confidence in tokenized assets.