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RWA keep growing in numbers and actions.
๐๐ณ๐ฐ๐ฎ ๐๐ฐ๐ฎ๐ฏ๐ช๐ข ๐ญ๐ข๐ถ๐ฏ๐ค๐ฉ๐ช๐ฏ๐จ ๐ช๐ต๐ด ๐ด๐ต๐ข๐ฃ๐ญ๐ฆ๐ค๐ฐ๐ช๐ฏ ๐ต๐ฐ ๐๐ต๐ฆ๐ญ๐ญ๐ข๐ณ ๐ข๐ญ๐ด๐ฐ ๐ฅ๐ฐ๐ช๐ฏ๐จ ๐ด๐ข๐ฎ๐ฆ ๐ต๐ฐ ๐๐ฆ๐ค๐ถ๐ณ๐ช๐ต๐ช๐ป๐ฆ ๐ญ๐ข๐ถ๐ฏ๐ค๐ฉ๐ช๐ฏ๐จ ๐ข ๐ต๐ณ๐ข๐ฅ๐ช๐ฏ๐จ ๐ฑ๐ญ๐ข๐ต๐ง๐ฐ๐ณ๐ฎ ๐ง๐ฐ๐ณ ๐ด๐ต๐ฐ๐ค๐ฌ๐ด, ๐๐๐ ๐ญ๐ฐ๐ฐ๐ฌ๐ด ๐จ๐ฐ๐ฐ๐ฅ ๐ฉ๐ฆ๐ณ๐ฆ
These are some new developments that happened in RWA the past few days: ๐
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โข @Somnia_Network partners with @Frax to launch USDso stablecoin. USDso is backed 1:1 by tokenized U.S. It is over-collateralized at 102%, allowing users to mint with USDC.
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โข @StellarOrg gets its first regulated, yield-bearing stablecoin with YLDS launch. YLDS is designed for regulated fintechs and neobanks.
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โข @Securitize to launch solana-based trading for tokenized stocks. Partnership with @jumptrading and @JupiterExchange combines their tech to make this work.
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โข @Figure partners with @credibly360 to tokenize SMB loans onchain. Credibly will bring SMB loans onto Figure's Democratized Prime platform for instant financing.
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โข @StateStreet and @galaxyhq launch tokenized cash management fund onchain. The SWEEP fund allows institutional investors to earn yield on stablecoins with 24/7 access.
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โข @Bullish acquires @Equiniti for $4.2B to merge tokenization with traditional transfer agent. The deal combines Bullish's tech with Equiniti's regulated transfer agent serving capital markets.
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โข @FalconXGlobal and @sygnumofficial partner to launch tokenized credit product for institutions. Sygnum Bank will provide access to FalconX's onchain structured credit facility.
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โข @SeedliCapital raises $20M from @Nimbus_Capital_ for tokenized RWA expansion. Funds will support regulatory compliance, growth initiatives.
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โข @raincards joins @Mastercard as principal member. This will enable Rain to offer stablecoin-powered credit and prepaid cards across 210+ countries and regions through Mastercard's network.
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โข @TetraDigitalGrp launches CADD, Canada's first CAD-backed stablecoin from a financial institution.
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โข @solstrategies acquires cross-chain swap aggregator @HoudiniSwap for $18 Million. The deal includes $8.25M in cash, $5.75M in a promissory note, and $4M in STKE shares, with no SOL holdings being sold to fund the purchase.
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โข @FireblocksHQ to power @WesternUnion's USD-Backed Stablecoin USDPT. They will manage treasury, issuance, custody, and payment flows across Western Union's global network.
Which did I miss? Lemme know in the comments ๐