Filter Token Securitize has introduced a new way to derive liquidity from real assets while increasing profitability called the "sToken"
The #token architecture, which uses the ERC-4626 standard, was created in collaboration with Elixir, the creator of deUSD synthetic dollars.
BlackRock's BUIDL token will be the first token issued by Securitize to participate in the deUSD RWA
Institutional Program, with other assets to be introduced at a later date.
Securitize, a #tokenization company, has introduced a new way to derive liquidity from real assets, as well as new profitability
it is sometimes referred to as an sToken. The token's architecture is the result of a collaboration between a subsidiary of Securitize Credit and the Synthetic Dollars Project
Elixir, the companies announced Tuesday.
Based on the Ethereum ERC-4626 token standard, an interface for running a vault that is a common interest in revenue-generating tokens, Stokens will give institutional investors who own RWAs issued by Securitize the ability to convert those assets into deUSD, a decentralized elixir dollar token, to receive a return on their investment.
In other words, the joint deUSD and Rwa institutional program opens up the possibility for token holders to use their assets as composite tokens that can be used in the deFi sector without losing the capital generated by their assets, particularly tokens such as BlackRock's BUIDL tokenized treasury bond fund.
This move is the latest evidence of rapid experimentation in the blockchain-based tokenization subsector and demonstrates the growth of its functionality. From #BlackRock to KKR, UBS to HSBC, some of the world's largest financial institutions are turning to #blockchain to rethink the way they issue, transfer and use their assets.
Tokenization provides users with new ways to place assets and potentially generate profits.
integration limitations, the company said in a statement.
Read us at: Compass Investments
